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#BTC has been bottoming out since Nov 21, and it's been over a month now. Volatility has been shrinking over the past week, and on the 4H chart it feels like we're nearing the end of this consolidation phase. If a new downtrend starts, this could be the starting point for a drop below 80K, maybe down to the 70K range. But honestly, selling pressure seems to be fading—the price has tried to break down several times but always got pulled back up. At this level, I'm leaning towards a bounce upwards, targeting the 94-95K zone. Keep in mind, this looks like a bounce, not a full reversal. The macro trend is still down.

KelseyWeb3VC
@KelseyWeb3VC
12-19
日线底背离至少 #BTC 拉到 9.4 万 #ZEC 去 480 静待花开 x.com/kelseyweb3vc/s…
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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