Bitcoin / TetherUS
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BTC! There is no such thing as eternal growth

Based on the monthly timeframe chart, we see endless growth, but as you know, one cycle must replace the next, a huge number of green monthly candles indicates that the correction is very close

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Just as my experience shows, a long stay above or below the zero mark on the MACD indicator indicates an imminent reversal

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At the moment we see support in the 60-65k zone
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Options for the development of events in my opinion

1. We will enter a sideways movement of 60-72 for accumulation before continuing growth. And in this case it is important to keep the 60,000 mark in order not to fall into the previous range
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2. We will go to 60k and will not be able to maintain this level, and in this case the price may fall to the bottom of the range around 30,000
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3. From the current ones we will be able to continue moving up to 90,000 in order to make a correction from this level
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While I’m still inclined to option 1, since we had convincing growth and renewal of the historical maximum, there is a high probability that the movement will continue in a sideways movement and reach new peaks

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Post your options for the next Bitcoin movement in the comments

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