Adongdong

Bitcoin Value Zone Bounce Expected

Long
BITFINEX:BTCUSD   Bitcoin
After having confirmed its ceiling at 4300 ish,

Bitcoin has dropped quite a bit.

This means bitcoin is yet to move out of it's structural boundary.

That said, we are looking at structural level with strong confluence and that could be only found outer edge of value zone.

Therefore we are expecting 0.618-786 bounce once volume is confirmed.
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