Take a look at this chart thoroughly. You can see that bitcoin is heading to a very strong zone that created the recent break of structure on the 4 hour timeframe. If it breaks, then to the moon. if it doesn't, we'd have to expect bitcoin drop down to around 53,000 or less AGAIN.
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Disclaimer
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.