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$BTC long now âïž
SL 61400
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i hope everyone utilise this call at 62200
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#Market_Update Yesterday's market update played out perfectlyâ4-hour support at $64.4k (previous week high) held, leading to a move to $66.4k (previous month high). This level is now acting as solid resistance, which is to be expected. From here, I am looking at the reaction on any retest of $64.4k. Alternatively, a 4-hour close above $66.4k could quickly set us on the path to $68k.
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#Marketupdate As noted over the weekend, the $62,000 level (previous Monday's low) was a solid area to anticipate a bounce. We successfully capitalized on this entry, achieving a notable 5% move. Additionally, we have just closed a 4-hour candle above $64,400 (previous weekâs high). If this level holds as short-term support, we could see a swift rally towards $66,400 (previous month's high). Overall, weâre on a strong upward trajectory, and Iâm content to monitor how the Monday range unfolds before making further decisions.
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$BTC long now âïž SL 61400
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#Marketupdate Bearish price action continued for Bitcoin yesterday, dipping briefly below $60k. The Daily EMA200, represented by the yellow line on the chart, is critical, currently at $60k. An intra-day dip below this level isn't alarming, but a daily close under it could signal further retracement. Ideally, I want to see $60.6k (DM VAL) hold as support, which could pave the way for a push toward $62k. So far, weâve been capitalizing on moves in both directions, and I'm actively seeking more trading opportunities.
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