Short

Calm down and wait for buy zone touchdown

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Despite the upward candles in the past hour, both 5d and 10d mo are still downwards and the price is following a clear downward wedge pattern. Brace yourselves and expect to buy in when it's below ~9400. Bitcoin will expect great pressure at 8000.

Note

Further trend still complies with this analysis. Here is the following 4h graph.

snapshot

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