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BTC analysis update

Taking profit on some of my buys around 47,800 area. I think price will continue down but want to lock in profit made so I can reload shorts into a bounce if one comes. Still running my swing positions short. Bounces do not always come, they're just always worth protecting against when trades are doing well.

Ideally would be looking for a retest of around 50K to enter again.

https://reddit.com/link/rcqn2c/video/7ecw0lz8vk481/player



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