MY VIEW ON BTC's FUTURE PRICE ACTION

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Price still hasn't broken its previous low, as seen on the weekly timeframe; this means, market structure is still an uptrend.

On the weekly timeframe, this massive dip can only be seen as a retracement. I believe price will retrace to this bullish mitigation block and also fill the Fair Value Gap (FVG) before experiencing a moonshot that'll cause a new ATH.

Disclaimer: This is just my perspective... Price might not respect it.

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