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$BTC WEEKLY ANALYSIS
Last week we broke the trendline but found support in the 65k range.
Today is the monthly close and if BTC closes green, it would be the first time after 5 months of red and could give a signal that we may be getting some relief soon.
However, with that comes volatility - so do expect volatility in both directions today.
We are also currently trading in the middle and, for me, to trade here is basically gambling, especially with the liquidation heatmap this stacked in both directions.
My advice to you is to wait for liquidity to be taken on whichever side first and only trade on triggers.
Key levels to watch:
> 70/69k - flip of this level would signal continuation and would be a good long into 80k
> 65k - lose this level and we will likely visit 62k
> 62k - unlikely we lose this level on first attempt so I would look for longs here
Have a great week, my friends!


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