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Bitcoin BTC Analysis By Skyrexio: Correction To $85k Is Incoming
Hello, Skyrexians!

In our last Bitcoin analsys we pointed out how $BTC will break 100k and why it's not going to happen with the first attempt. There we expected correction before the bullish continuation. Now it looks like our scenario is playing out. Let's look in details when this correction will be over.

Let's take a look at the 4h time frame. We can see there the large wave 3 which has been finished almost at 100k. This wave consists of 5 Elliott waves inside. All this small cycle has been finished with the bearish divergence and the red dot on the Bullish/Bearish Reversal Bar Indicator [Skyrexio]. You can see two red dot. On low time frames, like 4h it's needed more than signal to have the high probability of reversal. 

Large wave 3 is finished and now it's time for wave 4. This wave is likely to be the zigzag ABC. Waves A and B have been already printed, now price is I wave C. The target for this dump is clear, waves 4 tend to reach 0.38-0.5 Fibonacci retracement levels. Moreover the wave 4 of lower degree usually ends at the same zone. As a result we have the very strong potential reversal level at 85kapproximately. After reaching this zone expect the bullish continuation to the target 107k.

Best regards,
Skyrexio Team

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#bitcoin☀️
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Төмен (кемімелі)
$BTC Is on price correction be careful hit 90, 91 prices
$BTC
Is on price correction be careful
hit 90, 91 prices
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Төмен (кемімелі)
$BTC {future}(BTCUSDT) I my opinion It will hit 90,91 and will raise again 100K
$BTC
I my opinion It will hit 90,91 and will raise again 100K
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Төмен (кемімелі)
$POPCAT time for Brearish
$POPCAT
time for Brearish
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Жоғары (өспелі)
$PNUT {future}(PNUTUSDT) buy and hold it at least in 24 H will hit 1.3 Insha_ALLAH
$PNUT
buy and hold it
at least in 24 H will hit 1.3
Insha_ALLAH
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Жоғары (өспелі)
should I hold or close these positions
should I hold or close these positions
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Жоғары (өспелі)
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Жоғары (өспелі)
$ACT {future}(ACTUSDT) In my opinion it's best time for long at least in 24 H, it will hit 0.5 price.
$ACT
In my opinion it's best time for long
at least in 24 H, it will hit 0.5 price.
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