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💢🔥💥 Bitcoin support levels, retrace or crash?
This chart highlights the support levels that are relevant for the current Bitcoin move based on the active chart structure, a retrace.
The question everybody is asking relates to the strength of this retrace. Will Bitcoin crash to hit a price tag of $20,000? Will Bitcoin end up producing a higher low to later resume growing? Think of early 2023 to find the answer to this question.
The altcoins market will continue to recover and consolidate.
Bitcoin is building up strength. Bitcoin will continue to consolidate during the retrace to comeback stronger and produce additional growth. Not only $100,000 but a new all-time high is possible. When Bitcoin goes down, make sure to buy as much as you can.
Plan before taking action. Trade safe.
Sell at resistance—buy at support.
#GateSquareMayTradingShare
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