moneer618

Moneer 618, warns of the collapse of Bitcoin

moneer618 Updated   
BINANCE:BTCUSDT   Bitcoin / TetherUS
In the previous analysis, I assumed that the last wave type is a regular flat wave type
This type does not exceed the previous high at 52,920
Where it ends at only 90%, which is approximately 51,600 at best
But after passing the previous peak, our wave type changed to
( Running flat wave )
or ( Expanded running flat wave )
Either way, we will see a drop
The first case is that we will go down to the minimum level of 40,000
As for the second case, we will break the previous low 39,600 to much lower levels
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It is too early to determine the target for the downside now, before we reach the top of the wave B
So, after completing the formation of the top of the current wave, which is wave B
Which I expect to be around 57,475
Then we calculate the objectives of the C wave
good luck for everbody

This is a warning from moneer 618

It is up to you,
you are manages your portfolio
only is personal diligence from moneer 618
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This is the overview of Bitcoin
57,475 - This is expected on medium waves
And the other possibility, and I don't expect it, but it should be mentioned 61,249 on the big super waves
Then there will be a drop in bitcoin
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Just a tip
who is inside Bitcoin ( Buy / Long )
Set your stop loss at or just below
54503
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Trading below 54,503
Not good, and this is what I said to place a stop loss at or below this number
To continue rising, it must be above this number 54,503 and closing the daily candle below this number is a negative sign
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We started entering the target area
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final diagonal wave
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Gift for followers
DOTUSDT
ENTRY SELL/SHORT
Entry area 37.44 to 39. 24
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What do you think of the gift?
I hope all my followers has benefited from the gift
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As for bitcoin?
We indicated 21 hours ago that we are in the last Qatari wave
The analysis is still 100%.
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On October 8
I sent a picture of Bitcoin starting to enter the target zone at 56100.

A little earlier, it's entered the dark zone of the target at 56,561
Just a moment, I entered the dark areas of the target
Starting to fall back hard
currently
Back to the golden number 54503
And the closing is below the four-hour candle and the daily candle
If so, let's start the countdown to a strong landing
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I think the situation is now clear to everyone
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The last warning
Before the storm and attack the wild bears
I see a strong movement in the coming hours in Bitcoin
And the storm is at the door
Please take the warning seriously
We are definitely going down
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This move is deceptive
Not a real buy
Don't be deceived, pay attention
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I saw a lot of analyzes on the site
A lot of analysts are talking about very high Bitcoin numbers from this area .

Am I the only one who tweets outside the herd?
Tell me what you think?
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Being five waves
We are very close to achieving goal number 3 at 57475
The highest peak so far was 57049
With diminishing upward momentum
This indicates an impending price reversal
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I got a lot of comments about the analysis
Maybe a lot of people don't know how to read the analysis, or maybe I didn't explain enough
Analysis from October 6, when Bitcoin was at approximately 55,750
And we pointed out a warning of the collapse of Bitcoin
From the areas that I clarified in the analysis at the top of the page
If you do not trust this analysis, you are not obligated to continue
And if you liked the analysis too, you are still forced to write thank you in the comment
I analyze because I love technical analysis, and I have more than 15 years of experience in the markets
So please, there is nothing to follow and the market will eventually judge
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Advice for you
Bitcoin at the end of a bullish wave
Consider entering a SELL/ SHORT
Don't even think about entering a purchase
----
This applies to all other currencies
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This height is as I told you 19 hours ago
Selling high, not buying
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I have a meeting and I will miss the follow-up with you
about 4 hours
good luck for everbody
I just want to confirm that we are at the end of the Bitcoin wave and we have reached the goals we talked about on October 8
So be very careful
I hope everyone will take this warning seriously
And it's up to you
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Sorry, the analysis was on October 6.
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I hope everyone took my advice
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The analysis was on October 6, and the highest peak on this date was at 55,750.

Bitcoin collapse was warned from the areas at 57,475.
And the other possibility, which I said I don't expect, is at 61,249 .

The highest peak was in the history of October 11 at 57,839.

That is, approximately five days after wrote the analysis and warning.
Comment:
Only for those who don't know who MONEER 618 is

I do not write analyzes for fame or recognition as an analyst or anything like that.
I know myself well and I don't need others to applaud me
Not arrogant, but at peace with myself
More than 15 years experience in market analysis
The beginning of my knowledge in the markets from 2003
I write it just to help people
I am not looking for a reward or thanks
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What do you think now, was the warning in place?

Have you seen wild bears?
Was my advice appropriate?
And most importantly, did you implement the advice?
hahahahaha
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So far we are in 3 waves
And the golden number is 54503
Now is the real interval to end the entire bullish wave
So you see strength at this number and the war between bears and bulls
We look at it and see who wins among them
Hahahahahaha
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Expected scenario
So far we have 3 waves
Now the fourth wave, we expect its peak to be around 55800-65400, and then it will come back down
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The type of the first wave of this decline
I expect
Leading Diagonal
It consists of five waves
This type is the overlap between the top of the fourth and the bottom of the first wave
As is the case with us now, and it is clear on the chart, so I set the fourth top at 56400
One of the characteristics of the fourth wave is that it travels in a horizontal path
So I draw the zigzag lines
Followed by the fifth descending wave, which is expected to target less than 54503
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In this way, we are confident of entering the bearish wave
So, until we finish the five waves and trade below 54503
We will analyze the trend and forecast in a new analysis
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If this scenario does not materialize
and It did not descend in the fifth wave and did not trade below 54503
Hope is still high. So you see that many analysts are still expecting Bitcoin to rise
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I don't want to get into mazes now
We will follow up with you
It's clear
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That's why I love Elliot
like magic
ha ha ha ha
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Our goal now
53361-52798 ---- This is a quick calculation of the wave target
After completing the first wave,

We will have a rising wave
The second wave
38.2% minimum from the decline
is this clear
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this what i mean
is this clear
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please pay attention
We are still in the first descending wave
Selling momentum is strong so far
Until the end of this wave, we will talk about the second bullish wave
Is this clear guys
We follow these numbers
53361-52798
This is if the wave is not extended. In the event of expansion, we will count the goals
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my advice
Don't rely too much on like Stochastic and rsi
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We are now at a crossroads
at 54,503
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The upside wave is very likely to have reached its peak
At the level of 261.8% at 57,246
It shouldn't go above 300% at 57700
As shown on the drawing
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I really hope we get a new top
Let's get out of the maze
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Falling below 56600 will bring us back to the test of 54503, but this time if it reaches it, it will be different
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According to my drawing
with my signature
If the ascending wave does not end in the square drawn
I will cancel the analysis and never analyze again
I bet on this analysis
Good luck everyone
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The uptrend is over for me
In fact, I was hoping for a new peak
And this brings the analysis back to what I went to from the beginning

I'm not a Bitcoin speculator, I didn't buy or sell it, and I don't own any bitcoins.
I only analyze bitcoins for you, not for me
Trade closed: target reached:
The upside wave has ended
between 56817- 58957
And in the case of stretching
I do not expect it
62673
Other than this
you not see moneer 618 writing a new analysis
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Here ends determining the top, just wait for the signal from the market maker

I tried very hard to locate the points and study the movement accurately
my advice
Who has Bitcoin
The points are in front of you and the analysis is in your hands
Managing your wallet between your hands
Good luck everyone
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We are not supposed to go below 56,817
To achieve the goal 58,957

But in the event that it is broken and trading is less than 56,817
It is game over
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Trade closed: target reached:
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Excellent, the target has been targeted
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Bitcoin liquidity is now higher than the 64,854 liquidity that means we are at the top.

According to the data and figures broken by Bitcoin
The last number remains 63,715

As far as I know, there will be news that will come out soon
This explains the rise of Bitcoin, and alternative currencies are reeling and not keeping pace with the movement of Bitcoin.

Whatever the news is about myself, I am inside the market, selling according to my opinion.

And I assure you that I do not recommend buying in these areas, no matter what the temptations are.

As per my bet with myself
This is my last analysis
good luck for everbody
moneer 618
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I will analyze and explain your place in Bitcoin, so that it is clear to everyone
Now I come home and I will do the analysis and our exact location is in Bitcoin
Then you will decide
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First
Elliott's theory is based on tops and bottoms. It relies heavily on assumptions according to the movement and the tops and bottoms of the price.
So we will start detailing and dissecting the assumptions we have in Bitcoin according to the data we have so far.
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Second
The assumption so far is that we are in wave B
According to the previous drawing
and wave B
Basic premise
Wave (B) is corrected by no less than 50% of wave (A).
at = 46,829
Hypothesis 1
Wave (B) 90% of wave (A)
at= 61,249
Hypothesis 2
Wave (B) 100% of wave (A)
at= 64,854
Hypothesis 3
For wave (B) 138.2% of wave (A)
at= 78,324
Hypothesis 3
For wave (b) 200% of wave (a)
at =100903
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On the graph we will have wave (A) from 64854 to 28805
And wave (B) from the bottom 28805 until now
Wave A is made up of 5 waves
Wave (B) is made up of 3 waves
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So be careful, you are between goal number 1-2
Between (61,249 - 64,854)
for wave (B)
So you see the price has stopped
In short, this is the situation in which Bitcoin is now. You decide what you will do
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In short, this is my opinion
I hope the explanation is well understood
Because I think I'm a bad teacher
hhhhhhhhh
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That's why I said I don't recommend buying in this area no matter the temptations
Also, I created my Bitcoin Warning
Hope everyone understands what I mean
Zone 1-2 between (61,249 - 64,854)
Likely to head to a downtrend
Given the price action, we will know if wave C has entered or not
Or is it just a small drop and it will go back up
So, I repeat my advice, this zone is not a buying zone, regardless of temptations
Analysis finished
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So far, we don't seem to have finished the bullish wave
We have completed 3 waves and we will enter a drop in wave number 4 according to the chart
Which will have a target between 59827 - 57698 - 54460
Then it goes back up to complete the last fifth ascending wave
Until we reach the fourth bottom, we will calculate the expected target for the last fifth wave
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Fourth wave at 58963
We are now in the fifth bullish wave
Compared to the first wave
the first goal
64563-62423
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Compared to the third wave
Target
72672 - 81146
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In addition to the last possibility, comparing the first and third waves, the percentage of 61.8% is combined
be the goal
76132
We follow the first targets and according to the price movement will be the end of the wave
Just note that the fourth wave only achieved 14% of the length of the third
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please pay attention
The fifth wave is a selling wave, not a buying wave
Big wallets are selling in this wave
for small investors
So it will be kind of crazy Don't be a crazy buy in the tops
This is my advice
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This is the expected movement
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note
The fifth wave must be above 62423
To achieve the second goal
Do not go above this number
Indicates weakness in the wave

Generally

This number is equivalent to 61.8% of the length of the first wave
to explain
The fifth wave is calculated by comparing its length to the length of the first wave, the length of the third wave, or both
The first case is the lower bound of the fifth wave
first wave
From 39600 to 45200 = 5600
5600 + fourth bottom 58963 = 64563
5600 x 61.8% = 3460
3460 + fourth bottom 58963 = 62423
So 62423 is the minimum for the fifth wave and so far we are standing at this number 62423
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The type of the fifth wave is not clear to me yet.

I don't like this calmness in Bitcoin

But you must be careful and activate the stop loss
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Bitcoin didn't above up the golden number of the first wave 62423
for that
So far it has made me re-analyze again so that there is no possibility that I did not put it in your hands
So I re-numbered according to my opinion
As a result of this numbering, we almost finished the entire wave, or we are already in the fifth wave, so you see the price has stopped at 62423
So we will follow today's candle when close
That would be important.
It also means that you will enter a bearish wave
And until the waves are clearly formed,
we will be with you
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We are now in a triangle
The expected movement
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gift for followers FIMUSDT
short / sell
2.49 - 2.72
The end of a wave and the beginning of a bearish wave
Minimum 38.2%
without any responsibility
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sorry FTMUSDT
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We are very close to achieving the second goal at 64,563
The highest so far was 64,343
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Decreased Momentum in Bitcoin
This means that traders see this price as somewhat expensive or reaching an important point
So expect a downside wave soon
Therefore, it is necessary to warn
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We have both cases
We reached the target of the fifth wave compared to the first wave at 64563
Usually the length of the fifth wave is equal to the first wave
As well as the previous high at 64,854
so close
So I repeat what I said above and said the warning and then the warning
This is not areas to buy
Is everyone clear?
I have raised my voice from the warning
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Congratulations to those who took advantage of the FTM USDT gift yesterday
So far it has given 15%.
hahahaha
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I don't think we're done Rising wave yet
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So
To confirm the decline and the end of the wave, it is necessary to trade below 62423
Other than that, you are still in a rising wave
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My advice

Many coins

The third wave has ended with the last rise and entered the fourth wave with the decline of Bitcoin
The next rise will end its fifth wave, coinciding with the recent rise of Bitcoin
So the advice is
Next rise you must lock or set your goal to get out at the top and search to enter again at the new bottom
The next wave is the end, don't imagine that the market will continue in one direction
And it's up to you
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Did I tell you that they are sales areas? or not
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Bitcoin is now on the gold number
62423
Breaking this number and trading below it will be 100%, we entered the bearish wave and the entire bullish wave ended

and also , will be first five bearish waves will be, and this is the first wave of the downside
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So far we are in three waves, so we are watching this number 62423
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Sorry for not following up due to my illness
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Moneer 618, warns of the collapse of Bitcoin
that was Oct 6
At that time I was tweeting outside the herd and a lot of people attacked me.
I just wanted a warning to help understand the market.
Indicators and analyzes that indicate the presence of collapse and selling operations in the rise of Bitcoin
But a lot of ongoing criticism and skepticism about the analysis kept me away from updating the analysis.
Now you see what I went through from the analysis on October 6.
And the warning that was in the right place and was not propaganda for my personality or that I am a person who wants to rise above the backs of others.
Also In a comment dated October 19, I swore that they were sale zones
I did not swear to lie.
The area was from 62 to 64 It continues until the 69

This is what we call rotating buying and fraud for small traders
Green isn't necessarily a purchase, but it can be recycling and selling, and that's exactly what I was talking about. It's a sale.

Really, I don't know what to say, should I say congratulations on the analysis?
And the warning of the collapse was in place from the 6th of October
And I think now that the appropriate response from the market is that MONEER 618 was right in warning of the collapse of Bitcoin
from 6th of october
Congratulations on the analysis and warning
MONEER 618
Trade closed: target reached:
With this strong decline of Bitcoin, it is considered that the analysis and warning have achieved its goal, and this analysis ends with it, and the historical peak was 69.

We started warning from the 6th of October
During the past period, we have been exposed to a lot of doubts, and it has come to insulting my character.

This is just a little introduction about myself.
I know that many people do not know MONEER 618 and who he is, but I have been in the market for 15 years and he has provided advice to large portfolios, including bank portfolios, over the past years.


And I do not have any YouTube channels, or any other programs .
Like some analysts who seek fame on the backs of simple people.

So I stopped following up after a lot of insults and doubts about the analysis
Good luck for everbody

MONEER 618
Comment:
In fact, this analysis took a lot of time and effort on my part.
It is not easy to predict the collapse of Bitcoin.
Saying those words was on the line, as many are talking about Bitcoin's astronomical numbers.
There were no clear indications to many analysts that Bitcoin would collapse in this way.
But my hard work was 100% correct.
Reading from afar was very powerful.
Thank you to everyone who supported me with their lovely comments.
Thank you for insulting and questioning the analysis, and the market responded to you.
Thanks to all
MONEER 618
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We talked about the landing scenario in the first case
We are targeting 40,000. Level
And achieved excellently as the lowest point so far was 42000
This is the first scenario I talked about on October 6
It will be a rise from this area because it is a strong area and a strong crossroads.

If this area is broken, we will move to the second scenario, which targets from 30,000 to 23,000 and perhaps 19,000.

But now we will follow this level of 42,000 and most likely it will rise, but we must be careful to deal in the market.

Really great analysis. The collapse was expected more than a month ago, and the expectations for the landing targets are excellent.

Is this magic or analysis?
For everyone who offended a person, he has to apologize.
The great analyst
moneer 618
Comment:
fact
This analysis should be written in gold and should be written in the science of technical analysis and the ability to make predictions only through technical analysis and thinking outside the box.



take back my advice

If you see people as optimistic, be the first to be pessimistic.
If you see people pessimistic, be the first optimist.
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As we said before, it will be up after the previous decline, and this is exactly what happened.

It is an obvious fact to me that it is necessary to go down to complete the descending wave
And this current rise is just a small wave
As per the attached drawing, we have an important point. In the event of a break and trading below it, Bitcoin will enter the negative territory
50975
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Just for you information
Many companies ended the bullish wave after the previous decline
So I said be careful in the upside wave after the previous drop
Now it is necessary to activate the stop loss
The Bitcoin bullish wave has been three waves so far and the only wave is ABC.

for wave c.

61.8% of the length of wave A. Denotes a weak rise. This may lead to a rapid reversal
As shown in the drawing.
So we will follow the 4 hour candle, and if the close is below 50975, it will be negative
Its confirmation is a 4-hour candle and closed below 50,975. Thus, this confirms the entry of Bitcoin into the negativity
But if we hold above it 50,975 we will get some upside
Just pay attention to this point and close the candles 4 hours
is this clear
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The moment of rotation around 50975
Because it's an important point, as I told you
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Currently we have good support at 50,000
In the event of a break, it will be a problem and the climb ends
So we always watch the 4-hour candle that decides in the event of closing or holding above this support
We are watching this support
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This is expected
for details
I will write an analysis of the expected scenario for Bitcoin in the coming period
It only takes 10 cups of coffee
And
The analysis is in your hands
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So only when I have time
I will send the analysis
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As we mentioned earlier, trading below 50975 will be negative for Bitcoin
Now the main and important support is
46721
It is a good support. If this support is broken, it will definitely go down below 42000
So we are following support 46721 now
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