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BTCUSDT Analysis on trend

#BTCUPDATE

If BTC holds at then we should see some upside going into the weekend - breaking down will definitely take us to 50k - if we break below this its 46k. Please note we are still very much in a bullish market up until about 43k - which is when I think there would be a proper market shift - printing such a prominent Lower Low then would be tricky to come back from. I believe this is a correction personally and not the start of a downtrend.

BTC pairs looking pretty strong to be trading in, USDT pairs will feel the most volatility - there will be a few pairs we will try and identify that are just carrying too much momentum or strong looking reversals.

For HODL's You will be looking at small bags here , then again at 50k is where the dips in the market will be coming in.

Of course trading is your choice, nobody is ever forcing you to trade - we are in a very volatile market at the moment, if you are risk averse then limit your positions or just take a step back and wait for the market to settle.

Long btc/usdt
51000 - 50500

Targets : 52000- 53000 - 53700 - 54350 - 55000 -+++

Stop : 49500
Just x2 - x3 please
Risk!...?

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_TbaeTrades:

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