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BTC update - Sep 4 2024

#BTC followed previous analysis and dropped to 55,600 level but since the downward momentum has been weak and the previous 4H candle was a bullish engulfing of 57,130 low, BTC is most probably heading for 59,900 and then 61,100 zones so opening short positions is very risky.

it's important to see BTC's reaction to 61,100 level as well !
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