Now that there will be no free coins, I think that BTC will have a correction to the previous level of resistance, which is 5k. Now that 2x isn't a thing, that value will be drained from BTC's current price, as the reason BTC rallied was because the market factored in the price of 2x into BTC. I'm waiting for 4900-5000 to go long again, however, I'm not short right now. Just holding.
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Waiting for 5kNote
Looking at 6k for a little local bounce, might open a margin longNote
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Looking @ some time periods for previous corrections, before considering a long for a bounce at 6000
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.