Bitcoin Is Preparing A Price FAKEOUT [financial abundance]
Read summaryToday's video discusses a setup that could happen later today, providing price and timing probabilities for the next move. Bulls need to hold above a critical number for continuation. Saturdays have a 55% chance of closing positively since the beginning of 2024, with an average return of under 1%. Saturday's range is predicted to be around 1% to the upside or 1.5% to the downside, making it likely to be a boring day. The 5-day timeframe closed above the median, suggesting potential for immediate continuation. A closure below 67,800 could indicate a reversal back to range lows around 63-64,000. A bounce attempt does not imply reversal but rather a sticky area for price. Monday has the highest probability of closing positively since 2024 at close to 71.5%. Overall, the weekend may be telling for Bitcoin's next move. 📈🔮📊🕰️
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