This is why everyone believes that $BTC is going down. Number one reason is that we are currently maximizing the 2022 supply zone, and whenever this kind of scenario happens, the price always tend to correct into the nearest demand zone which is the one shown below. Another reason is that the fibonacci has not yet retraced to any of the important ratios such as 0.5 and 0.618. Follow my account for more updates. đ»
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