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Bitcoin dump to 53k or bounce to ATH next?
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BTC
61,809.99
+1.24%
502
0
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1
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$NOT coin slow down in bearish momentum, so may expect a bounce here up to 0.0080-0.0083 zone. So far that trade gives only ~2:1 RR, but if that will be a bottom, that potential profit may extend exponentially. My stop loss is conditional on Day close below 0.00685 (dips under 0.00688 are for DCA)
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$APT is one of the most bullish coins this week and we trade it in TG from the bottom and add on each dip 👌🏼 Obviously 2023 close is the strongest psychological level on the chart, so in case of breakout I expect price to explore gap zone left above from 10.4 and up to 12.5 Dips under ~8.4 are still higher possible and good for catching.
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📉 #Bitcoin Daily 📈 Slow down in momentum of that first swing down. I believe there is a good chance for that bounce to reach 62.4-63.2k If that zone will be the bounce top, chances for another dip under 59k stay valid. And until we see it live, hard to predict the distance price will travel. Theoretically can extend down to 56k. Afterall this week candle is pretty bearing, so lower timeframes can't stop that momentum completely. It will take another week or two to remove the effect. Nevertheless so far $BTC remains within bullish structure. Don't forget about that. And even dips to 56k won't put a cross on that, unless price get stuck there on daily. Nearest liquidity pools: above - 61830 / 62630 / 63290 / 64533 below - 60413 / 60035 / 59605 / 58932 Lines on the chart: 🔸64601 - July close 🔸63309 - September close 🔸62766 - June close 🔸58942 - August close 🔸57446 - day swing fractal 🔸56000 - September buy tail EQ $BTC trend: D ▶️ W ▶️ M ▶️ 😱 F&G: 41 < 37 < 42 < 50 < 61
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$APT moving towards the top of consolidation channel. Expecting another attempt for breakout. Nearest TP for that impulse, if succeed, is 2023 close around 9.4 and May high at 9.75
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$WLD might be in process of reversal. And it will be confirmed if current swing down form a new higher low. Short term guaranteed bounce zone is 1.75-1.79 Next is resistance at 1.93-2.01 - once price start confidently trading above that level we'll be able to say this chart is ready for reversal to uptrend. Till then its a sideway consolidation.
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