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I think most of traders were surprised with the Bitcoin pump which we saw yesterday.

I showed you different long signals such as divergences with MACD on the 1W and 1D, Elliott waves, but today I found the indicator which I forgot about.

I just need more practice in the Elliott Waves analysis. Let's turn back to classical trading methods in which I am professional.

In this article we will discuss what is coming next for Bitcoin in the 2024

In my opinion $53000 is a great level for short/sell, $44000 is a nice level for buying.

And it is nice because it gave me understanding that the Bitcoin will form the reversal with other scenario which I have also pointed out.

Bitcoin is staying at the same level because now it's weekend, it's no reason to make the update on it.

Now the price is trying to break down the Demand zone. If it is able to do it, we can see the Scenario (2). If the price bounce from here

You know my opinion about the mid-term and long-term Bitcoin analysis.