***Disclaimer: This is a technical analysis not a financial advice.
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BTC | Daily chart
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Margin squeeze. Trapping all longs at 9800
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HUGE GAP on Bifinex. ????
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BTC has to get above the weekly 21 EMA this Sunday. If it is not and it crashes through the 4-year trend line, BTC will be in a very very dangerous situation. A chance to meet the weekly 200 EMA is big. Protect your money and trade safe.
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