Although I do not open transactions on the BTc parity, I felt the need to share when many of my friends asked why I did not work on a chart related to #BTCUSDT.
The bullish period in bitcoin seems to have ended from a technical point of view. As of now, many of our friends looking at the 4h chart (due to the Flag pennant formation) have shared comments such as we are flying on social media, we are going to the moon, 60k is at the door, etc. But unfortunately not yet. When I look at the candles, the first thing I see is the arrival of a sharp correction movement. It even falls to the 30-31k band with a single candle, then dead cat to the 32.5-33k band, and then slowly decline to the 27-27.5k band.
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