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💰 ETH daily candles have been closing within a $200 range, and 💰BTC daily candles have been closing within a $3K in past 20 days.
Market is choppy sideways. Market volatility is needed for good trade opportunities.
$BTC 200 Week Moving Average Heatmap is based on the percentage increases of the Weekly 200MA.
If it's increasing a lot, due to explosive price action towards the upside, you'll see warmer colors.
These colors are generally also close to a top while the colder colors are
💰 Bitcoin drops below the $90K important psychological level.
Expecting a bounce from the 200-day EMA at $85K.
If no bounce, the next target is the CME gap at $77K or $70k support.
Avoid using leverage and buy spot at major support levels.
Now is the most divided timeline I've ever seen
Bulls believe this is last dip before altszn
Bears think bull run is over
I spent 10+ hours analyzing all the data: here are all the possible scenarios and when market will turn around 🧵👇