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BTC: $5800 starting to look probable

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Chart illustrations rather self-explanatory. Just the way I see it PROBABLY going in the next few days.

Weak Bull-Volumes and follow-throughs recently. Thin Volumes overall.

Chances are if we close a few 4HR Candles below $5800, Bears and Panic Sellers will probably plummet us to maybe $4900 relatively quickly. Little bounces in-between aren't Trend Changes, remember that.

In Fiat awaiting the Market direction either way.

Stay Sharp.

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The little pump caused by positive Tether news today fit almost perfectly in to my yellow squiggly line.

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Let's ignore the declining Bull Volume on the Daily... Yep, let's just ignore it :-)

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Note: On my original Post, I meant to write "$4900" in the green text area on the Chart. You'll see I've corrected it in below image. Thanks.

Update: MACD (4HR) has crossed Bearish. The next 12-16 will be make or break. If Bulls don't show up with some real conviction, then Mr Yellow Squiggly Line will be showing up to collect his Debt owed.