I will not recommend getting into a position here. But if i was in a long i would not be selling yet. My prediction is there will be consolidation around this level and then bitcoin will break out of the red channel.
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So far so good. People with longs may be considering closing, but it could be a mistake. If it turns out they were wrong and market continues up there could be some fomo of sorts.
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Broke out sooner than expected. gg