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BTC at a solid support - what's next?

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BYBIT:BTCUSDT   BTCUSDT SPOT
  • BTC is trading at very crucial support = 29000.

    If we see a bounce from here, long positions may be opened in this range with a stop-loss defined below the support.

    On a flip note, if the price drops further, it will provide an excellent short opportunity with a stoploss above 29000.

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