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BTC update BTC is showing weakness but it's still at a major support (40k-41k). As long as it stays above 40k on a htf close, it could bounce to 44.5k or even higher. The volume is decreasing, there's strong demand below and the fundings are reset. It could have a last dump to 40k to take more liquidity before bouncing. Htf candle close or bearish PA + signals below 40k would be a bearish confirmation, but in my opinion it should bounce soon. That woud give alts more room to keep pumping. #BTC #trendingtoday #Square #Update
BTC update

BTC is showing weakness but it's still at a major support (40k-41k). As long as it stays above 40k on a htf close, it could bounce to 44.5k or even higher.

The volume is decreasing, there's strong demand below and the fundings are reset. It could have a last dump to 40k to take more liquidity before bouncing.

Htf candle close or bearish PA + signals below 40k would be a bearish confirmation, but in my opinion it should bounce soon. That woud give alts more room to keep pumping.
#BTC #trendingtoday #Square #Update
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