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Important General Update for Bitcoin
Bitcoin has actually reached the target range at 77K
And as we mentioned earlier, we might see a slight upward attempt towards 80K
But practically, we are still within the same range
Just a few thousand difference + more hesitation and fluctuation, nothing more
The bigger picture:
The most likely scenario is a decline from this range
And the start of a final downward wave targeting:
🎯 70K
🎯 65K
🎯 60K
🎯 50K
Breaking the 50K means an actual entry into the bottom zone and accumulation
Very important:
We are not talking about a rapid crash
Nor about a fall tomorrow morning
The market could
continue fluctuating within these zones for a month or a month and a half
Then start declining gradually, which could take a month to two months
We are currently in a depletion phase within the range
And if the next move occurs, it will be the final downward wave
After which the true bottom and accumulation zones will begin to form
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