In order for bitcoin to get back above current thick black positive uptrend line it needs to close above thick blue line ๐๐๐ @ 55.6 thousand price area today. That would also make BTC have one less super negative downtrend holding it back from even more BULLISHNESS...
BTC STILL BOUNCING INSIDE YELLOW TRIANGLE... Today it Must close above thick orange line @ 46,200 price area to continue breaking positive from other negative downtrend lines inside of triangle... ๐๐ฎ๐
BTC NEEDS TO CLOSE ABOVE THICK GREEN LINE @ 48.2k PRICE AREA TODAY, So it can positive clear some of current negative downtrend lines.
Lowest BTC could go is thick purple line @ 38 thousand price area, If it can't hold thick teal line support @ 44.2 thousand price area today...
THERE IS A less then 0ne Percent CHANCE BITCOIN COULD FLASH CRASH TO Thick grey line @ negative 60 THOUSAND PRICE AREA (super Very Very Very Very Very SLIM CHANCE, BUT STILL REACHABLE PRICE DIP) ๐๐ค๐ BTC could gravitate towards ๐๐๐๐ฅณ๐ Thick Hot Pink line @ 375,000 price area and will need to close above there today in order to be in that Super BULLISH uptrend... ๐ BUY MORE BITCOIN BECAUSE HIGHER PRICE LEVELS COMING SOON...
Bitcoin needs to close above thick yellow line @ 59.6 thousand price area today in order to be above all negative downtrend lines holding it back from mooning ๐ฅบ๐๐๐ towards 375 thousand dollars price area... ๐ฎ๐
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