Bitcoin / USD Tether
Long

Bitcoin 1H Update After Shakeout

2 488
We had a strong shakeout which is only making us stronger... Why?

The long wick on the shakeout candle ended up closing above support (red-dashed line/light blue square on the chart).

This signals that the Bitcoin bears tried to push prices lower but the bulls were waiting and ready to buy everything up.

Bitcoin is being protected...
The recovery rally is around the corner...

Be patient.
Breath deeply...

Hold your coins.

Namaste.

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