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Be careful, this stink can go full rinse of weekly even its bitcoin or altcoin, i’ve seen low timeframe is quite weak, but the higher weekly timeframe look oversold, while the chance for bitcoin double top 69k still there, but today the news isnt really good, at the moment until Powell speaks can overturn something into market, keep youself less position first to avoid market uncertainty and volatility, just less position, not overtrade.
And the picture 2 is told us, everybody is seems the same position with us Long position, thats why its logic Market Maker will liquid the long position, because the money is there, short is few. Relax and calm, we go dip after the clearance high leverage trader long position, we can dip after that.
LIVECareful volatility
Reminder, volatile is here !
Take note, to buy in some good dip area, dont push to get the bags until FOMC done.
$BTC is getting heat again (picture included)
Whales play tradefi today
Waiting position : Limit Order
And im place short order on btcdom at 2.300
SL +5%
IN CASE BAD SCENARIO….
If Bitcoin make Higher Low from 59k and not pass 69k ++, we will face a bearish temporary. We need confirm at least this week not droping below 59k, or simply we get bearish temporary movement for a while.
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