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THE DOCTOR CRYPTOHUB
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$BTC
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THE DOCTOR CRYPTOHUB
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Bearish
$BTC
The market gave a week but the week took the form of a breakout and it reached our expected zone
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Why I tell you again and again that you should reduce following influencers and you should be self-reliant and work for your skills development. Influencers are one of the reasons for your loss, they manipulate your mind. Those influencers were predicting the market's next move 100k even seven days ago are predicting the market at 35k - 25k today. 😂😂
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There is a lot of liquidity between 58,500 to 60,000. The market badly needs to pump from here to capture that liquidity.
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A lot of liquidity was created below 58, so the market wicked downwards to grab that liquidity. Hopefully the market will recover from this zone
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The market has created a big wick on the down side and currently the market is trading on a horizontal support range. The market may make some sideways moves here. We can see the market again towards 58k and after that we expect the market to recover to our mentioned point.
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BTC is currently testing a support zone around $59,000. The expected movement suggests some consolidation around this support level, followed by a potential upward move towards the resistance area around $62k
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