Hashflow is in a huge accumulation area and fall by -70% from it's highs.
+155% is just a local move. $ 66M cap can easily turn in $0.5 or 11B cap. It's 10-20x.
The key level is very important reversal point as well, lot's of traders will be trapped there.
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🔥HFT is still in the accumulation area. The option of the price falling to the lower boundary of the accumulation zone should not be rejected. This is one of the best buy points with 40% growth potential at least.
This scenario can only be rejected if Bitcoin rises above $29,100. The price will skyrocket in this case.
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