By using Gann fan, we can easily see that BTC is bouncing between the lines. The projections of the 2 highs down to the low at 49k were the turns of the BTC. I expect the major trend to continue until a stronger projection at a very low.
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BTC is going to break down one more time when the blue moon line reaches the price level 95000.
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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.