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BTC analysis: 12 November 2021

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Bitcoin is probably forming a new higher low. As long as Bitcoin does not crash below $57,500 there will be no problem with the uptrend.
I think BTC is forming a crab pattern which its target is on 87,000. After that we have likely some retrace.
Target: 87,000
Stop loss: 57,000
This is not a financial advice!

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