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The Bitcoin situation is clear—buy the pullback and you’ll gain more!
Yesterday, we clearly marked strong support around 704. The market also rose as expected, from around 704 all the way up to around 734, and we took 3,000 points of space.
Right now, there’s no sign of a pullback. Instead, it’s ranging in the 734-730 area. This shows the bulls’ momentum is strong. On the four-hour chart, it’s running along the middle-to-upper band. There’s still room above—so we continue to look for upside!
Go long directly around 73000, with the first target at 76000. If it breaks out, look to 79200.
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