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Welcome to this quick BTC update. BTC recovers nicely after making a low of 26.9k level. Currently, it is trading around the 29.8k level so what's next?
BTC looks good here. Breaks out in 4hr time frame. Expecting another 10-12% pump from here. Need to hold above the 29.5k level. As long as BTC stays above the upper trendline expect a pump up to the BER:33K level from here.
Target:- BER:33K
Invalidation:- If close below the upper trendline.
What do you think about this?
Do you also expect more pump from here or do you think that it is just a bull trap?
Share your views in the comment section.
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Thank You!