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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.


Bitcoin


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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