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BITCOIN PRICE PREDICTION : What Lies Beyond the Current Rally ? – BITCOIN TECHNICAL ANALYSIS–BTC PRICE PREDICTION : What Comes Next After This Recent Surge ? :
In the Bitcoin chart, as you can see, we’re witnessing an upward movement, but we hit a ceiling at $28,100. The question here is, was this the expected move? Well, both yes and no. We had mentioned a crucial resistance zone between $28,500 to $29,000 that needed to be tested, but we anticipated a slight dip before continuing the ascent. However, for now, it seems like we’ve been in an upward correction within a larger bearish wave, with a potential Wave 5 decline on the horizon. So, despite the recent surge, our primary scenario remains bearish, unless something unexpected occurs, which we’ll delve into in upcoming videos.
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date : 2023-10-04 20:23:00
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