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I called it earlier. BTC has finally filled the CME gap at $80K-$82K. β
Mission complete.
But now, the market structure is flashing red flags. π¨
Short positions are being liquidated en masse. π
Peak trading volume is dropping sharply. π
The 200-day moving average has failed its first test. β
Momentum is fading fast. π¨
Many are calling this a comeback. A return of the bulls. π
But technically, this looks like a textbook bull trap. π
The next critical zone to watch? $75K. π
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