This is a short term update for the related chart. If I'm correct in thinking that this will be a long squeeze with 56K as the target, then we will see price dropping through support levels, without much of a bounce, until we break the next big even at 57K.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.