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BTC

Bitcoin Warning: Short Entry Preferred Over Long After Strong Daily Close

The daily candle for Bitcoin closed very strongly, but it is well known how manipulations work—such candles are often absorbed by sales, and this has happened multiple times before.
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AI Analysis

The recent daily candle for Bitcoin (BTC/USDT) closed optimistically, indicating potential upward momentum. However, historical market patterns reveal that such strong candles are frequently absorbed ...

AI Recommendation

Given the analysis, it is prudent to avoid initiating new long positions at current levels. Instead, traders should look for opportunities to enter short positions if the price confirms a reversal or ...

Disclaimer

The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

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