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Been watching $BTC all day and this area around 77k is interesting. We came down hard from 87k but price is still sitting above the 99 MA.



Not rushing anything yet, but if we can hold this zone and start pushing back over 78k, I think there’s a decent chance we get a bounce from here.

I’m not fully long yet. Just waiting to see if buyers actually step in. If we lose 76.5k cleanly then I’ll probably step aside.

Anyone else watching this level or am I overthinking it?

#USMidtermsVoteToday #GateRanksTop2AcrossMultipleCategories
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BTCBTC-0.67%

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StopLossArtist
an hour ago
How did that Gate ranking tag get in there? It has nothing to do with the BTC analysis at all
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BacktestAddict
2 hours ago
Your approach is pretty steady. I’m a bit more aggressive than you—I already opened a small position around 77k
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MacroTide
2 hours ago
Wait until volume breaks above 78k before considering getting in; jumping in now could leave you holding the bag.
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CycleHunter
2 hours ago
77k is indeed at a tricky level. The 99MA is providing support, which shows the bulls haven’t completely given up, but volume needs to pick up
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MildlyRugged
2 hours ago
Markets are volatile on midterm election day; beware of false breakouts
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RateWatcher
2 hours ago
First Review
Is the 99MA on the daily chart or the 4-hour chart? This detail is pretty important
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