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  • Writer's pictureHenry

Bitcoin Price Chart Analysis for 29th December 2023

Bitcoin is moving towards wave C.

Price needs to go below 40K t0 check accumulation and distribution supply and demand zones.


I am looking at the chart and thinking how much money can be made if you are disciplined trader. What we need to do as a trader is to follow set of rules. That is simple to say yet difficult to execute.

Looking at the chart, we are possibly in C wave down, Would like to see if we go below this red box where we can create fresh buy trades.

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