Bitcoin is in for tests at $80,000. It has taken the low on Friday, in which liquidity was taken beneath that low during the correction of the Binance hack. All right, that has…
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#Bitcoin is in for tests at $80,000. It has taken the low on Friday, in which liquidity was taken beneath that low during the correction of the Binance hack. All right, that has happened, what's…
#Bitcoin is in for tests at $80,000. It has taken the low on Friday, in which liquidity was taken beneath that low during the correction of the Binance hack. All right, that has happened, what's next? Well, if the long side has been taken, at some point we'll find ourselves into a situation of the short side to be taken. Most obvious levels for those; - $78,800 - $79,800 If the latter breaks, I think that price will start to accelerate quite fastly, however, probably we'll need a few more days of consolidation for that in order to be making it happen. Other than that, I don't think we'll start to see a deep correction towards the lows again. If it happens, I'm max bidding <$75,000.
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