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Friedrich Trades
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Bullish
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THIS IS THE MOST OVERSOLD
$BTC
BTCUSDT
Perp
89,111.5
-3.56%
SINCE 2022
FINAL SHAKEOUT IS DONE
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Friedrich Trades
@FriedrichBTC
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$BTC has to clear 96Ks and above that is a MAJOR WIN for BULLS. Greater the consolidation below, greater the breakout! Send it! 🚀
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Bull market isn't over! This is what I see on a monthly TF chart • TOTAL CRYPTO MARKETCAP. Pure classy price action to punish bulls and bears has happened this year. Fake-outs, forced liquidations and a lot more to get the retail out! Right now, it is the Big Players that are here. Whatever you do, don't short here. Either go long with managed risk or buy spot. Higher before lower, I have marked my bear market bottom thesis! - Friedrich $BTC
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$ETH • A MAN CAN DREAM!
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Probably this will be my only trade for December. Although $BTC hasn't reclaimed any specific zones to go for a bullish move. But the quantity of bad news: - Strategy FUD - Tether FUD - Mainstream media calling $BTC a bubble - and the list goes on That makes me believe that the bottom is actually here. Invalidation is manual and a close below 80K on atleast 4HR TF. I will forcefully close my trade. In the meantime, manage your trades/risks like a BOSS. Survive and win! - Friedrich
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BREAKING: Silver just hit $58 and gave its highest monthly close after 46 years. We can see a massive amount of liquidity in US stocks, gold, and now silver. Sooner or later, this will flow into risk assets like Bitcoin and crypto. The bull market is not over, it’s delayed. $BTC
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