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Things Are Not Looking Good In Long Term For BTC
Possible Weekly Bearish Divergence
Target Could Be 6400 Or More (I know BTC will go above 200ma 1 day if goes up to 6400+ but i expect a fake out)
Reason of the target 6400= CME 1Hr Gap At 3400,6200,6400
Another Scenario Could Be= Touch 3400 (Red Box Zone Trendline Resistance) And Go Down
Staying Neutral At This Moment.Bought Some BTC At 3100 So Happy If Goes Up Fiat Count Will Increase But Not Taking Any Long Trade We Are Still Bearish In Long Term.
Things Are Not Looking Good In Long Term For BTC
Possible Weekly Bearish Divergence
Target Could Be 6400 Or More (I know BTC will go above 200ma 1 day if goes up to 6400+ but i expect a fake out)
Reason of the target 6400= CME 1Hr Gap At 3400,6200,6400
Another Scenario Could Be= Touch 3400 (Red Box Zone Trendline Resistance) And Go Down
Staying Neutral At This Moment.Bought Some BTC At 3100 So Happy If Goes Up Fiat Count Will Increase But Not Taking Any Long Trade We Are Still Bearish In Long Term.