🚨 URGENT! MUST READ.🚨

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🚨#Bitcoin is about to DUMP.🚨

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In this post, I will cover the technical targets of the upcoming correction and what we can expect moving forward.

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Before we begin, I urge you to read my quoted post, as the information there remains relevant.

Now look at the comment section to see how people are calling me names. I also made a post earlier warning you guys about the incoming dump, but I got name called there as well.
Read Here.

Moving forward, I hope my accurate calls will be met with respect rather than dismissiveness.

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Let's start with the daily chart:

Refer to the first attached chart. The bearish divergence I identified in previous posts is materializing, bringing us to the first level of support, the green zone, which aligns with the 0.786 Fibonacci level.

If #BTC consolidates here and the oscillator moves toward neutral territory, I will update you.

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Currently, the oscillator is in the overbought territory and moving towards neutral. We are holding at this support level, and if it holds, we may continue upward.

However, it appears likely we will see the anticipated retest of the 20 EMA, which aligns with the yellow support zone and the 0.618 Fib level. Several indicators suggest a retest of the yellow zone is imminent.

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Trade setup:

On the 4-hour timeframe (2nd chart), I have a trade setup. The stop loss is set at $67,713, and the take profit levels are $65,882, $64,935, and $63,876.

Do not risk more than 2% of your portfolio on this trade. Enter only if we get a rejection off the 20 EMA and the green zone on the retest. If you are unsure about managing your risk, it is best not to enter.

The 4-hour chart is in the oversold territory, and we may see a relief rally before a potential dump. Monitor the chart closely and enter only if the mentioned conditions are met. If $BTC holds support here, a pump is possible.

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Thank you for reading, and stay safe. 🤝

#btc70k