I think it will retest 76.80 and break the downward trend
Ploto 1
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There are several things I noticed and would like to get your opinion on:
💠 The daily closing was negative, and Bitcoin $BTC is still in a downward trend below 82400.. The closures I observed today were all negative, but Bitcoin's resilience so far is strange to me because it should have dropped after showing this negativity.
💠 The Total 3 chart is positive and showed a positive rebound.
💠 The rebound of Ethereum so far seems to me to be a speculative rebound to continue the drop.
💠 The Bitcoin dominance chart is at 63.58, which is high as usual these days, but what has changed is the presence of some alternative coins, especially those I mentioned hours ago, which have started to move, and this is a positive signal.
Based on the above:
We have negative signals telling us to expect Bitcoin to drop to 75 thousand, and then we can enter, or wait for it to break 82,400 thousand, and then we can enter as well.
What do you think, should we take the risk now or be patient?! I tend to think we should be patient based on what I see, but I care about your opinions as they may open new ideas for me.
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