I'm going to break the "Bitcoin"

Hello friends, nice to meet you. Here's an amazing Bitcoin chart perspective today

I always support your successful investment.

I hope you do well with safe risk management.

Go for it!


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Lowering the highs, the wave is moving in a downward trend.

If you succeed in retesting after breaking the red downward trend line upward, you can think of it as open to 80.4K as a medium wave.

Here we go!!

Now we need to find a moment of rebound. We need to position ourselves in a position where we have good cost-effectiveness and profit-loss ratio so that we have a shorter loss range and a larger loss day.

At the current position, on an hour-long basis, I think the upward divergence is emerging, which is the first condition for a rebound.

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The thing to watch out for in the upward divergence shown in the chart above is the push of the candle or the tail end of the candle

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In terms of small waves, it showed a form of raising the low point, but if the retest is successful after breaking the blue short-term upward trend line and closing the bell due to the power of the current sell-off, it should be seen that it can reach 57K once again.

Summary:
■60810 The rebound must be achieved after overcoming the price to raise the low point in the sofa statue.
■1 hour-long RSI and upward divergence appeared.
■ If you succeed in retesting after breaking the red downward trend line of the 4-hour rod, it will be open to 80.4K on a medium wave basis.

Bonus Chart

The chart below is my most reliable long-term trend line.

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If the adjustment deepens, it could go down to the blue thick upward trend line (56.2K to 56.4K)

Thank you :)
Beyond Technical AnalysisBitcoin (Cryptocurrency)BTCUSDBTCUSDTbtcusdtanalysisbtcusdtideaBTCUSDTPERPbtcusdtradebtcusdtradingbtcusdtsignalTrend AnalysisTrend Lines

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