BTC 2D GOLDEN CROSS

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It's not that rare to see price goes down before continuing up after a golden cross, or price goes up before continuing down after a death cross

This market likes to do just that, not to mention that BTC has already shown weaknesses on the Daily Time Frame

It needs a correction, if it wants to have a healthy, sustained rally further up

I'm personally keeping an eye out for potential long additions in the .382 - .618 fib zone, near those white lines or the purple 2D 200MA

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٢٢ يونيو ٢٠٢٣

ملاحظة

In almost exactly 2 months since I first posted this, BTC price managed to reach my best key level to open another LONG on BTC.
Now it's near its previous local high fresh supply zone, so expect a consolidation near this resistance level or a small pullback before continuing up.
If it breaks 31K with good momentum and volume, then 32K is almost guaranteed.