Btc tried to rally back over the top of the 6950 support and was rejected. To me this indicates a coming strong move down. I see the next major BTC support zone in the 6250 sats to 6000. Ill be laddering buys in these ranges for the next potential bounce zone. Ultimately I see the final ending position of BTC in the 4800 ranges before we see any type of upward possible progression. But we can still make money on the bounces on the way down.
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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.