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degen chad 🎩🤫Ⓜ️
@degen-chad
$BTC update, Daily and 4HR Charts: It’s pressing up against the 4HR 50 MA. Breaking above and holding will be a strong sign for bullish continuation. On the daily chart, it’s still pretty far extended away from the 50 Day MA, which is currently sitting at 77K. I don’t think it’s going back there, but I think that’s the lowest bottom target if a major bull market correction were to happen. Best case scenario for most on here…BTC clears this 4hr 50 MA, and consolidates between there and 100k for weeks while alts run. Then hopefully it sends mid December.
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Lenonmc21
@lenonmc21
In 4 hours, it looks very good structure, that move it is making right now could be that next the momentum to finally reach the 100k which is an important Psychological level. On 1D I don't really see a pullback, I would call it more of a break, although those last 2 red candles if, plus it pulled back together in the area where the price consolidated a bit. Some Altcoins are responding well I have not seen dominance as I am from mobile, but let's see what happens. Thanks for this update.
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