BTCUSD 2021-JAN-05

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๐˜ฝ๐™๐˜พ ๐™„๐™Ž ๐™‰๐™Š๐™ ๐™‹๐˜ผ๐™๐˜ผ๐˜ฝ๐™Š๐™‡๐™„๐˜พ...๐™”๐™€๐™.

There is no doubt that the price of BTC has exploded in recent weeks. We saw the price breach above the +3 deviations marker on the macro trend (>99% of the price data should exist below +3 deviations), however there was a relatively sharp retraction of price as a result.

There is a good argument to be made for an evening start pattern formation here...

I would not be adding to positions here, nor entering a fresh trade. But, I also think there is a lot more room on this to run.

#crypto

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