Ahmed Ashraf
@ahmed-b
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#Bitcoin Update
Three months ago, I drew three boxes that served as support for Bitcoin.
Bitcoin respected them for three months, as you can see in the images. Now, these boxes have been severely broken and have turned into resistance.
We are in a general uptrend, but we are witnessing a significant sell-off that could lead us to the red box below, which is the price range of 74,000 to 69,000.
These are the last strong supports to complete the uptrend Provided these numbers are not broken, it would be confirmation of a trend reversal, and any price rebound would be a sell-off of Bitcoin, not a continuation of the uptrend. 1 reply
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