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#BuyTheDipOrWaitNow?
#BTC According to the daily AB=CD principle, meaning the equality of waves, buyers arrived and pushed the price up to the blue box.
We discussed that the blue box (74496-71237) region would act as resistance. The first sell orders appeared within the box. The daily movement was with a strong candle. After the weekend inactivity ends, it may attempt to break this resistance again. If the close on Sunday night at 3:00 AM is above 74508, the market could turn positive.
Alternatively, if a close occurs above 79440, consider an upward move that could continue up to 61%. The rise should be confirmed with a close above 98200. Otherwise, the upward movement remains a correction of the decline and could continue further.
If the decline deepens, the support levels to watch are 62433-55230-47256.
YTD 🙏💙💛🔥💯$BTC