Bitcoin is testing a strond daily demand zone.
The underlined yellow structure is based on a confluence of
- horizontal historic structure,
- 618 retracement of the last bullish impulse
- completion point of a harmonic movement
Taking into consideration that we have 35% sale on btc right now,
monkeys will surely start buying.
For now I expect a pullback to 50.000 level.
Then I will watch carefully the reaction.
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