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Welcome to this quick BTC update. Our previous analysis went perfectly accurate. We told you to open a long position when BTC was at 18k and pumped to the 20.8k level from there. Hope you guys make good money.
Now, BTC is forming a bearish flag-like pattern in 1hr time frame where we still did not get the breakdown. We might test one more time to the upper trendline of the flag which is at around the 21.2k level and after that, it starts dropping.
I'm waiting patiently for a clear breakdown of this bear flag for opening any short position.
Invalidation level:- If it breaks the flag to the upside then this pattern becomes invalidated.
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