Linking to my previous post down below, BTC seems to have used the highlighted regions on the 4 hour chart as support as expected from previous post. Now, on the one day chart we should use the blue line on MACD as support to an increase to 9600. Thereafter, i expect further decline back to the 8k region. We are just being taken on a roller coaster ride ;). Take advantage of the volatility though. Moving on, if we break below 9k before an increase, that could be detrimental (i see price hitting as low as 7k region.
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