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The Bitcoin bounced and now is approaching the most important level which it have to broke for the growth continuation.
I'm searching for the entry point for the Bitcoin. We can see the strong bearish divergence with RSI on 1h timeframe.
When I will see bearish signal I will tell you, It will be the nice short trade opportunity.
Now the bear market is confirmed because the bearish divergence on the 1W chart leads to the red candles on the impuls system.
I am reversal, not trend continuation trader, that's why it's challenging for me to find the entry point.
I executed long trade at $42320 with the stop loss $40565. To be honest I don't like this trade because it is not my trading strategy. It is the very
The correlation between S&P500 and the Bitcoin is annoing me to be honest. As you know, I executed long position on the $36300 according to the strongest signal in TA.
Our yesterday scenario is going to play out. Bitcoin did the lower low as I said and now it's time to show the local grow, which we can try to
We can see that the price is forming the bounce off the 0.61 Fib with the lower low on the relatively low volume.

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