Analysis on Bitcoin (BTCUSDT)
The Bitcoin took out the equal lows last week and kept going lower, The BTCUSDT is still correcting and we are waiting for the price to get to discount or The Sweet Spot (61%-78%) on the Fib before we start looking for buy setups. The market is not in a rush so we might not see the price of bitcoin attack the equal lows and rally to attack the buy side liquidity in the same week.
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