The weekly timeframes still has juice left for further upside, still 3 months left before smaller/weaker miners capitulate and dump their coins on the market.
Ideal scenario would be a retrace to 61.80 FIB and forming false Head and Shoulders scenario to trick the market into short positions, use the stops as rocketfuel to complete the cup and handle pattern.
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A drop to sub-$9000 is very very likely to happen. Low of the supply zone.
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ENSURE YOU SEE A BULLISH ENGULFING CANDLE BEFORE GOING LONG. LOOK FOR BULLISH CONFIRMATION AT THE 4 HOUR then 12 Hour.
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