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Short-Term Outlook on Bitcoin Price Movement

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The daily chart closing below the 66k mark suggests further potential downside, with expectations of a test towards 66k followed by a slight decline.

On the H4 chart, a downtrend has formed, indicating an opportunity to align with the current trend by waiting for a price sweep IDM before considering opening short positions.

During the ongoing downward correction, it's advisable to look for shorting opportunities in line with the bearish trend.






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