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Technical analysis by kadirogluemre about Symbol BTC on 4/3/2024

https://sahmeto.com/message/3349219
kadirogluemre
kadirogluemre
Rank: 10367
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In the last article, I talked about the importance of the 64k level. We were able to hold on to that support and jump 70k above me again. While we were feeling relieved to have returned from there, unfortunately the global crisis had a bad impact on the market and we experienced a decline. In this process, while investors clung to BTC, which was a safe haven, dominance increased and we experienced serious withdrawals in altcoins. I was keeping around 20% in cash and now I used my last cash for this support. As long as we push it above 64k, the direction will be up again. The lesson we should learn in this process should be taking profit and keeping cash. Unfortunately, the market does not always rise. New rises cannot be caused without declines. If you are stuck in this process, you should make additions. If you do not have cash, you should be patient and wait for the market to rise. When you exit, it should be ascension time. Do not let go of the equipment you have at your own risk. Because that's what they want too. We have a long road ahead of us and those who are not eliminated on this road will win.

Translated from: Turkish
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Signal Type: Neutral
Time Frame:
4 hours
Price at Publish Time:
$65,583.94
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