Today is different than yesterday.. Lots of pressure with the close below 1647 toward 1606.. It may break 1606.. I have it as support. If correct it should hold, but it may bend a little. A violent reaction North is a sign its working. A sustained ...

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Its what it does

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Last hs close favors another shot at 1606 today. Bulls lost another foothold above 1647 and 54. But we also have FOMC.

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The new thing.. If you have bad data. Just don't release it. url .

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it may break to 1606 this time.

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If you think I'm wrong, and 1606 will not hold support. 1532 may be a bounce point area. But as long as price is above 1606x.. I have it bullish. Retraces toward, or to it is just part of it. They are expected.

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If bullish like I think it is, it shouldn't drop too much deeper than 1606. Then head to/ toward 1737 49 + late this month. It has plenty of time to frustrate people with this range up and down.. 1672/80 the 1/2 way point. Last weeks high area ...

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That 12h close above 47 is usually strong for bulls, not getting 54. may of been a reject. Now pa is back below 47. Somewhat another rejection sign. I have to keep in mind its all still above the larger 1606 on the bullish side of it. 1606 is a ...

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The 30 min closed below, I should of held. 1647 may resist again.

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1m

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I closed my short on this pullback to 1647.

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I would normally say this 12h close above 1647 is bullish, but it closed below 1654 on its bear side. These 2 things are at odds... If it fall back below 1647 it may be bearish, above should test 54.. It can b/o or reject. If it to continue being ...

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If the 6h close is below 1647.. It could help the 12h be below it and test 1621. 1621 can allow a wick below it closer to 1606.. There may be a a violent up in this area. A b/o requires breaking below 1606 and holding below. A quick wick wont do it.

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image I will take the r/r and shoot for 40ish pips on a drop.

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here is a test of 1647..

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It dropped many times after a higher high. To -75% from high. the time it went to 74.5xk. It did the same roughly. It was about 4 years between the last high to high. Jan 2018 to Nov 2021. This year atm the high was in October. It fits the 4 year ...

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30.5K is not impossible. A 75% drop is possible. Its done it more than 3 times in the past after making those ATH.

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Bitcoin 44,118 area looked interesting to me.

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