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Welcome to this quick BTC update.
BTC breaks down from the head and shoulder pattern in a 30-minute time frame and looks bearish here. We might see a small dump up to the 25.2k level from here followed by a quick pump.
So basically I'm expecting a quick dump today or on Monday up to the 25.2k level and then we see a pump up to the 27K level. Let's see how this plays out.
Invalidation:- Hourly close above the 26.2k level.
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ملاحظة
BTC perfectly hit the target✅ Touched the 25.2k level and bounced as expected. Now if holds above the 25K level then we might see a bounce up to the 27K level in the next few days.
ملاحظة
Perfectly following my arrow😎 Told you that if we hold above the 25K level then expect a bounce up to the 27K level. Going exactly so far. Hope you took advantage of this small pump.
Now, What's next?
Tomorrow CPI data will come out. So expect volatility on both sides. IMO, we might see some more pump ($ up to 28k-28.5k) during CPI to liquidate early shorters, and after that nuke season will start.
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