This is what futures mean. I expected the 40 days WMA (white dotted) to hold the market and that initially looked like a viable scenario. But the bounce lasted only for an hour and now Bitcoin is well below it. If S3 ($12230) does not hold we are going to be testing $10K from above today.
https://www.mql5.com/en/charts/8082048/btcusd-h4-simplefx-ltd
did it just break last support?
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Yes it did , such an exciting week
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Is it still likely that it plummets to a lower low?
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No, I don't think so. I think the low is in.
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Thanks Srezz
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