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It’s clear that buyers are struggling, but the pattern of lower highs and lower lows is concerning if they intend to push for 100k before the end of 2024.
It feels like sellers are playing a strategic game, and here's why I think market makers might be up to something.
If you’ve been following my Bitcoin analysis, you’ll know that the 48K support target was hit, with the next range likely being 43k to 38k.
You can read more about this short target here:
I previously called for a target drop from 74k to the 30k support, predicting bounces from strong support levels.
Five months ago, when I first advised selling at 74k, many in this community called me foolish, accusing me of hating Bitcoin. But I’m a businesswoman focused on making profitable decisions, not getting emotional about any coin, Bitcoin included.
I’ve stuck by my predictions, and I’ll continue to update you based on the MT Pandora's Box strategy.
Stay tuned—this rejection at the GETTEX:64K-62k range is likely to push prices down to the FWB:42K-38k support.
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