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BTC pullback to 7.9k /8.2K

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BTC trade idea is based on current bullish divergence on the 1D chart.

Price movement downwards has clearly decelerated and when can expect a retest of the 0.618 long term fibonacci and 8.2k a previous support. Without volume a break-out above those levels has very probability.

A reminder that a reversal does not mean going back to 13k in one night. Even in crypto charts take time to develop.

All the best from the crypto space.

twitter.com/alteroc_trading
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