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BTC REPULSING BACK TO $124K
You may have seen the market running up due to the BTC's upward movement and Ethereum as well.
First, we've seen its chart consolidating which was marked as 'Accumulation phase', during accumulation phase the market was indecisive.
secondly, the market went down to grab liquidity from the long positions(stop hunt & order pickup) and that's marked as 'Manipulation phase', during the period market is grabbing liquidity to push up.
Lastly, market jumped from 'Manipulation phase' all the way to 'Distribution phase', during this period you can only expect bullish rally that bring strong momentum.
BTC has passed through all the stages required for the strong bullish momentum.
Now, here's the question.
Shall we expect a rebound $124k or higher?