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Hi friends hope you are well and welcome to the new update on Bitcoin.
On an hourly time frame, Bitcoin has broken down a $20800 support, now there is down trendline support if it will be also broken down then BTC can drop more.
On a weekly time frame, history shows that after breaking down Ichimoku cloud Bitcoin tests the 200 simple moving average and starts the next bull run. If this time BTC repeats this action, then soon a recovery rally and then a long-term bull run can be started. For more details, you can watch the video.
For best trading deals/bonuses you can signup to Bitget using my referral:
https://partner.bitget.com/bg/50GN8V
You can also support my work at Patreon for more ideas:
https://www.patreon.com/moon333
To check the Patreon trade success testimony, you can watch this pinned post:
https://www.patreon.com/posts/63774800
In order to play and watch the current performance of the chart you need at least a free account on tradingview:
https://www.tradingview.com/gopro/?share_your_love=moon333
KuCoin is one of the best exchange to find crypto gems:
https://www.kucoin.com/ucenter/signup?rcode=rJSDVT3
Link for Binance exchange, to trade crypto:
https://www.binance.com/?ref=11256882
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
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