BTC Update (12H)

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This analysis is an update of the analysis you see in the "Related publications" section

Considering the bullish appearance of altcoins and Bitcoin, there is a possibility of a new H in Bitcoin and we are not looking for a sell/short setup at the moment.

The correction pattern appears to be a symmetrical one that is over.

From where we placed the green arrow on the chart, the symmetrical is over.

If we have a new opinion change on Bitcoin, we will give an update.

We specified the invalidation level on the chart. Closing a daily candle below this level will violate the analysis.

For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You

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