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$BTC UPDATE One of the very important charts to keep an eye on in short term is $USDT dominance. In my recent updates, I constantly warned about a massive daily trendline, the breakout above which did happen during the last 24 hours or so. Although the breakout was stalled mainly because of 1D QVWAP which has given rejection to this index at multiple instances (June 30, July 8th, August 02 and today August 20th) and at each one of these instances, these rejections resulted in bitcoin making new higher highs but we know already that more and more price rejection happens at a certain, the weaker that level gets and so it’s only a matter of time this reclaim happens which imo is going to be the case this time. Also $USDT.D has now reclaimed the 4H YVWAP and is trading around 4.4% support which is possibly going to give a decent bounce if it doesn’t turn into a deviation in next few hours. If you guys remember the last time we missed the $112K long because $USDT.D did not give a precise retest at 4.62% level, guess it’s gonna happen this time, don’t know where exactly bitcoin would be at that time but most likely in $108K - $112K range.
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$BTC short✅ Our tigers are sleeping, it's time to print money😉😍
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$BTC UPDATE Though our long limit on bitcoin was missed by $500 only but it’s very likely to be filled shortly, price on the bitcoin chart is basically suspended in the middle of nowhere and upside retracement waves in a downtrend (4H) are not to be mistaken with trend reversal or something. Even if we get a move up from here towards $115.6K, I will be placing the short limit once we get closer to that level because of the first retest of that resistance level. So, no need to get excited here, wait for levels to get hit and then position yourself.
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$BTC update Bounce from 110k-112k or Otherwise, Means If this level fail, we are going to 100k zone
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$BTC time to short again Everything explained below #NFA
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