In a classic Bitcoin move, it cleverly triggered stop-loss orders below its M15 key level and managed to absorb a lot of selling pressure. Now's a great time to jump in with a long trade, aiming for the highest high.
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Nothing has changed. Accumulation is still happening in this area. Price probably wants to take the lows (around 68200), which is the lower end of the fake breakout zone, before the upward movement happens.
Comment:
BTC pumping now 🥹 I've closed the trade at loss, but I'm back in another long position now.