$BTC These 2 zones are magnets and I am very confident about price testing them first,



Then reject from one of them and start moving towards 56-58k.

Possible we could go even lower (54-55k).

One thing that I am pretty certain about is that we are gonna go to Low 50s at some point,

Cuz if you saw my BOJ post we estimated for price to drop by 20-25% from lower high (67.2k),

And so far it has only dropped 13% from there, meaning there's still 7-12% of estimated drop left.

Hence, If we get to those zones, I will start building another swing short and will hold it till Low 50s.
BTC0.58%
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ForkInTheRoadmap
· 3h ago
The target of Low 50s is quite aggressive, but since it only dropped 13% from 67.2k, there is indeed 7-12% left to go. After the magnetic zone rebounds, open short positions. The logic is self-consistent.
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GateUser-28f37882
· 3h ago
Which magnet area should we touch first? I feel like the first one might be a fake breakout, and the second one is the real resistance. The liquidity in the middle of 56-58k is thick enough.
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