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Let's take a look at this candle with the long wick. For me it is obviously was the way to liquidate the margin positions of the short traders.
The price choose the scenario in which BTC re-entered above the support line. Thus yesterday's breakdown was fake.
We can see the potential bearish divergence with MACD, moreover this signal is going to be flashed next to Fibonacci golden pocket.
What is next for the Bitcoin? I am still waiting for the drop. The bearish divergence is here on many timeframes and indicators.
I suppose we can see another breakout attempt and if we will see the bearish divergence with the MACD on the 4h timeframe
If we take a look at the last BTC downside impulse Fibonacci retracement, the price now is struggling to break through the Fibonacci golden pocket.
The Bitcoin price yesterday decided to pump again, but is this pump can start the new huge uptrend? I think not! Why?
After the last short trade was unsuccessful I am trying to catch the very high again to be in short position while the final bear market dump will be according
My stop loss was hit by the BTC price, I lost 0.8% of depo - OK. Guys, there are a lot haters that I am wrong again.

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