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I'm anticipating a test of the 4-hour FVG, which serves as the POI (point of entry) for a long position. Expecting a reaction and a pump in the asset towards targets: $75.8 and $77.
Market analysis - I sat down with the charts and see that 72000 isn't a full breakdown yet, just the beginning of a breakout! If we see some volume coming in for longs now, they could definitely scoop up the price!
As we can see, there's an attempt to break the trendline on BTC, and everything will be decided today! A close of 4-6 hours below 72000 means a breakdown and a drop!
However, if buying pressure absorbs the selling now, there's a chance we could see a 3-4% rise!
Gotta keep an eye on things today!
❗️What's important: gaps have been left at 73500, 75200, and 79000! Liquidity at 72300 has been cleared, and now there are huge volumes at 75500!
Logic and common sense suggest we should aim for 75000, but the seller in the market is very strong, pushing down relentlessly!