BitcoinLong
BTC Support Fast Approaching (Careful if leveraged)
Micro and Macro support at 45k.
I believe we're more likely to bounce up at 45k due to the importance of this level on a macro scale (see previous analysis). I'm going long here however the possibility of a fake out seems high. If you're a nervous wreck, you might wait for the daily candle to close before entering any trades.
Overall not a good level to take any leveraged shorts/longs at.
I believe we're more likely to bounce up at 45k due to the importance of this level on a macro scale (see previous analysis). I'm going long here however the possibility of a fake out seems high. If you're a nervous wreck, you might wait for the daily candle to close before entering any trades.
Overall not a good level to take any leveraged shorts/longs at.
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