#Bitcoin‬ in just broke a consolidation level nd we are in f | FlagTale08 on Binance Square

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Bearish

#Bitcoin‬ in just broke a consolidation level nd we are in for a bearish run to the next support level . Long wicks on top of the candle and crossing of 200MA to the downside confirms bearish run.

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Keep remembering this. Markets are unfolding to this script

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#BTCHalving POINTS TO NOTE ON THE HALVING In the coming months, #BTC will be on an unpredictable run. This means after the halving an acute bear run (acute low movement of the market will happen. This will run for a period of 3-5 months which is a very good opportunity for people to buy at the dip. This will be followed by a huge bull run as the halving effect will be realized on the market among other macro and minor factors. This will have a great effect on the supply and demand . The best advice on this is accumulate your capital as you wait to buy big after the bearish period that will happen after halving.

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What are your thoughts on these predicted scenarios on #BTCUSDT White represents consolidation Red represents bearish prediction Green represents bullish prediction

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#BitcoinHalvingMagic  The supply of #BTC will not be cut in half by the #Halving. Over ninety percent of the Bitcoin supply already exists. The only thing cut in half is the growth rate of supply. What matters the most is how much of the current supply holders want to sell, not what miners create.

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The level of patience this situation needs is unexplainable. #BTCUSDTAnalysis Caution should be taken when breaking of structure happens. Often have situations happen where manipulation liquidates short or long positions. Make sure the market breaks a major support /Resistance level above or below the structure before entering a trade.

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