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Btcusdtperpshort

BTC UPDATE 1#BTC UPDATE 1 : In 1W TF nothing much has changed from previous update the price of Bitcoin is still hovering between 19000 to 20000 range and we definitely want to find out whether the 19000 support is going to hold but if this 19000 support in daily and ultimate weekly broken then we should be preparing for the worst case scenario yes The Profit Station Family you read that right in past whenever the price of Bitcoin has showed very impulsive movement then corrective movement because price clearly forming lower highs lower lows continuation pattern so in our case if 19000 support broken in daily then i expecting the price of Bitcoin to show a move towards 11000 to 12000 before calling it actual bottom also actual accumulation phase so The Profit Station Family Members be careful and do not overleverage youself at this current stage.
BITTREX:BTCUSDShort
by theprofitstation
BTC/USDT BEARISH CONFIRMATION!The final monthly support trend from all the way back to 2021 is finaly giving up. Btc has been in a short distribution fase of Wykhoff to get all the final liquidity and supply for a move downwards. As we can see from a higher timeframe BTC has broken the marketstructure. On the weekly we can confirm this. A downwards trend is holding the price down. Important key levels of supply: 26k-28.8k 22.5k-24K 18k-20k The next upcoming range will be the final range between 26k and the current price. We have to break 26.636 to confirm a market structure break. This will act as a important bias for a move downwards. Updates will follow soon. Cem
Short
by daddycem