💎Bitcoin is now trading around 11200$ and bouncing from our support area, which we have been mentioning in the last FREE update.
💎As mentioned in the last update, the breakdown beneath the 11700$ region a few days ago was significantly bearish for the short-term, with a drop-down target projected at the 11000-11100$ support area, which BTC is now re-testing, perfect analysis by ParadiseTeam again🥂
💎keep in mind that bitcoin is still bullish on higher time frames (weekly+), this is still normal bull market behavior and a healthy correction. As it stands, we can still expect bitcoin to correct further if we break the 11000-11100$ support area, down to 10500$. Once we breakout 11800$, we are ready for a next big leg to the upside.
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