Bitcoin / TetherUS

BTC potential bullrun start after breaking trend line (wayckoff)

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BTC is still following the Wyckoff pattern. Today, the price managed to break the trend line downwards, signaling the start of a potential new bull run.
We expect resistance between 47500-49000 for the next 4-8 hours before a potential breakout to 53-55k. If bulls fail, then a potential drop to 42k region is to be expected

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