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NYO is approaching here and $BTC is sitting at resistance. 📊
We have just taken out the first large group of high-leverage short positions, and the data still isn't good for $BTC (high or low time frame).
I believe we will soon see a peak at $BTC (65.3K - 66K) and a long-term pullback below this level I’ve identified on the long-term chart. 🎯
Once we reach 62-61K, the bulls will have a new chance to push this higher. The more we continue to hold this 200-week exponential moving average for $BTC, the greater our chances of a final buying pressure before the next big drop!