Raminzkr
@t_Raminzkr
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Raminzkr
If the uptrend continues with 70k as the target, it is more likely to grab 70k and trendline liquidity and then reversal from 70750~73750. BUT, further confirmation is required to support this scenario.
Raminzkr
I outlined my reasoning for seeing 43,500 as the target (and not necessarily the end of that) of Bitcoin's downtrend: 1- Prev. ATH (69k) Liquidity Grabbed with deviation and, at least, deep retrace is inevitable 2- trend-line that can act as LIQUIDITY and get hunted 3- 50% range of price Range in the weekly time-frame BTCUSDT
Raminzkr
Bitcoin will probably continue its upward path to the ATH after a short correction
Raminzkr
The last Uptrend leg for BTC before Higher Time-frame Lower Low 15K
Raminzkr
Raminzkr
Main Support and Resistance for BTCUSDT I anticipate a massive dump from either of the two resistance levels.
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