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🐋 WHALE WATCH: $BTC The Line in the Sand
We have seen a 50% haircut from the ATH, and the volatility is off the charts. My technical are screaming two key zones:
=> Minor Support: $60000 (The current battleground)
=> Major Support: $49000 (The Must Hold floor)
If $60k fails expect a swift trip to $49k. However I am betting on a rapid recovery from that deep liquidity zone. I dont see $60k breaking easily today and a run back to $90k is still on the table once the dust settles.
Whats your play ? Are you bidding the dip or waiting for $49k ?