BTC is in a difficult position to sell right now.

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Bitcoin is in a difficult position to sell right now.

 

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- The decline began at 98.6k, followed by a free-fall from 95.9k
- The decline is still ongoing, and the main support, the lower part of the 85k to 110k section,
  has been broken to close the day

- In general, when there is a sharp drop without a downward wave, there is a property to quickly return it,
  so in the current section, you have to open about 15% of both the top and bottom

 *** So, short/long positions are all possible right now

 

SHORT POSITION

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 - If it does not exceed 89270 there is a probability that hidden bearish divergence will occur due to RSI

 - If hidden bearish divergence is triggered, the target is at the previous low point and can be left
   open up to the next support level.

 

LONG POSITION

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 - If you see support for 84.2k to 84.7k, you can expect a rise to the previous high due to the
   short-term downtrend breakthrough