Good morning everyone!

Bitcoin failed to break the resistance pool at the level of 116462, in the same area the ema200 on the 4h time frame is located along with a sloped level coming from 74000... at the moment on the daily time frame it approaches the ema50 of this time frame, which halted yesterday's decline, if it doesn't hold, the next level and the boundary of the expanding descending wedge, in which the price is currently moving, is around 114140. I closed my long position on Bitcoin at the level of 116500. At the moment, I am observing the developments, and I may start building a long position from the level of 114150 and limit orders at 112500 and 110900, the cancellation of the long scenario for me will be a drop below 108000.

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