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Bitcoin Overview

When we look at Bitcoin on a weekly basis :

IF Bitcoin persists on the support and the CIX 100 Index breaks the channel upward, which can bring a sharp rise towards resistance (10243).

IF Bitcoin persists below 6400s and the CIX 100 index moves to the channel or below the channel, (which indicates a large money exit if channel breakdown), then a drop to the 4000 levels can be expected.

Note :
CIX index of all major crypto currency movements in the overall market in terms of showing us can show sufficient sensitivity.
Breaking the channel from either side shows clearly that the trend will be severe considering the support resistance conditions.
You can also see my position about Bitcoin in related ideas.

Best regards !

Not

Noldo

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BITCOIN : SHORT

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Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.

Noldo

Visit our website for information on our invite-only private scripts, long-term backtesting results, and six-month free trial and evaluation period :
bit.ly/4j4sANJ

Email : contact@noldoresearch.com