Well looking at the price and vol action from the last 24hrs it looks like in fact Bitcoin it will enter a sideways move (shaded area) for the next 4 or 5 days cause bears are exhausted FOR NOW to continue pushing price down but lets don't forget that the 4hrs and Daily TIME Cycles are in confirmed downtrend and eventually bears will go and test the $79k line and very likely break it down in the next leg down and probably by the second week of March (if not sooner) next leg down will start. Have a nice weekend everyone.
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Finally the TIME has come and the end of the 4hrs Bearish Cycle with it. we are about to enter week #12 and with it comes capitulation TIME . In week #12 we will see the start of a bounce that eventually will take us back up to the $90k area to test and try to break the last printed high. We'll be posting chart at today's close. Buckle up ladies and gentlemen . 
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.