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The BTC cycle is about to form an M-top pattern. Is there still hope to touch 90,000?
From 84-85 to 88, and from 86 to 88, it has been almost three days and BTC still hasn't reached my expected position of 896, making it very difficult for me to do anything. If it doesn't surge tonight, I might have to consider changing my position.
On the four-hour level for BTC, a double top is forming, pressuring the 89 line. If this candlestick does not close well and breaks below 86, it will form an M-top pattern that is worth noting. Yesterday's cut at 86 for a position reduction is a normal defense, and we can observe it from here!
I personally have a relatively optimistic view on the intraday trend. They won't give up until they touch the short positions around 84-85, which have trapped a lot of people. They won't cut losses until they touch them. #BTC# #ETH#