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$79,400 is the line in the sand for bitcoin:native
This was the cluster of highs/rejections back in late January, under which Bitcoin was kept for +100 days.
Losing this area means the last break above 80k was a FalseBreak/Deviation.
A FalseBreak in one direction, most of the times leads to a bigger move in the opposite direction.
P.S: Yes, I will short sub 79.4k, as I kept saying for the past weeks that I will short ALL failed rallies after they reject. 🫡