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Bitcoin possible targets on the downside but the big guys need to help

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@break-out-trader
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Bitcoin where is the big movement?

The uptrend is broken in some lower time units and we formed a little down trend. The important supports and resistances i marked in the chart. The 161 Fib could be the next target on the downside.

New Week and maybe the the volatility we need for fast movements

We built two PGs in the charts but for now we can only see a very tired party in Bitcoin. The institutional Traders could change the situation this week. Both signals are broken out on the downside but the buyers are always there. Interesting situation in the major coin.

Source: (Guidants/Godmode Trader) & JFD Broker & Binance

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I am not a financial advisor nor is any content in this article presented
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than what you can afford to lose. This post is my personal opinion, do your own research before making any investment decisions. If you make any trades after reading this post, it is completely in your responsibility. I am not responsible for any of your losses. By reading this post you acknowledge and accept that.

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