BTC lost support and is taking another leg down. From here, I suspect we'll see some sideways and down price action.
BTC has strong support around the $44,0000-$45,000 zone.
If support is lost there, then the next level of strong support is around the $39,000-$41,000 zone.
If that level of support is lost, then the last line in the sand (support zone) for me to remain macro bullish is the low $30,000 zone.
More specifically, I'm looking any wicks down to the low $30,000 support zone as a major opportunity 1st pass!
I remain macro bullish as long as BTC is closing weekly candles above $32,275.
As long as support at $32,275 is held on a weekly closing basis, then I remain macro bullish and look at any greater pullbacks from here as opportunities, provided the aforementioned criteria is met.
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