If bitcoin bounces and closes above 10,440 then this can put the bitcoin bulls back in control and open the door to potential further gains - and likely upward trend towards $11,500 and $14,200. A move above 10,440 also means that the wave 2 correction is likely over and that the wave 3 higher is starting.
If we head lower than $8300 and start new lows expect further downside action
im pretty right now and have made positions accordingly, tho if the lows do appear then im stopped out below $8300 and be looking towards possible market shorts, albeit very risky shorting bitcoin at this price, id rather get a good dip buy instead
3rd option, sideways action between these previous levels and btc accumulates
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