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Wednesday, March 6th BTC midday outlook
Today, the midday low dipped to 653, then started a rebound mode, reaching a high of 675, then pulling back and oscillating around 670. This time looks more like a correction after a rebound, a typical false breakout, with the overall trend of Shipan still downward, the downward trend structure remains intact, and there is no trend reversal. The trading strategy still follows the morning outlook.
Rebound to 67400-67500 for a short position, target 66500, break below to see 66000$BTC $GT