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Keep your eyes on #BTCā $BTC
2 cases A & B are the result of Distribution phases.
Case A: a small breakdown
Case B: a strong breakdown
Case B - Normally a strong breakdown will lead continuation with following bearish candles. This often happened in downtrend 2022
Case A - a small breakdown can be formed as a deviation and lead to a bounce back to the range again.
Current context ? Thoughts ?