Bitcoin update. Still in no-trade zone. Waiting for the bottom.
This is a quick Bitcoin update video. In summary, I explain why I'm waiting before initiating any trade and what I'm waiting for. I'm waiting for a clear bottom either through touching one of my support lines or by making a huge candle with a big wick below it. Where the wick will end up, no one knows. Some people estimate 44k. Some estimate 40k. Some estimate 29k. Eitherway, it will liquidate many leveraged longs and allow Bitcoin to soar freely afterwards.
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