Described the perfect picture on the chart: now the price goes down, following an ascending support. The falling wedge was broken, many people were stopped out or even liquidated and the reaction of the market to all these things - further dump, so we expect the price to dump from current points for a little bit lower. Ideally, it is a level of ±$7900 from where the price can goes upward to $9150.
Important: if the $7900 level is broken downward, then the next support level is $7300 - $7400, but I hope it won't happen, because in this case we won't be very optimistic about $BTC in mid-term.
Important: if the $7900 level is broken downward, then the next support level is $7300 - $7400, but I hope it won't happen, because in this case we won't be very optimistic about $BTC in mid-term.
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