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BTC in a Possible ABC Wave

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BTC in a Possible ABC Wave

The market is highly volatile, with major financial instruments experiencing a strong sell-off. This increases the likelihood that BTC may enter a short-term downward trend.

Looking at the charts, I’ve marked three key moments when the market was stable:

March 13: BTC tested 80,270

February 28: BTC tested 78,150

March 10: BTC tested 76,700

Additionally, since BTC is moving without strong trading volume and in a choppy pattern, the chances are higher that it may continue downward, forming the C wave of a larger ABC pattern. In this case, it could retest all three support levels mentioned above.

You may find more details in the chart!
Thank you and Good Luck!

❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Dagangan aktif
syot kilat

BTC is near to the second target:)
Dagangan ditutup: sasaran tercapai
syot kilat

Penafian

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