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Bitcoin Possible Midterm Bounce with Target

Long
BITSTAMP:BTCUSD   Bitcoin
BTCUSD is most likely going to do a midterm bounce here. The reasons being, it swept the low at key midterm support. The target is the first bearish order block. Use a stop loss, and keep in mind that a bounce means it's counter trend, which is riskier than trend trading. If bulls fail to defend midterm support, you better believe bitcoin is going to test macro support at $30K.
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