BIT - two possible scenarios!

The market has fallen very hard, with the BIT coin falling below its listing price. I don't think many people expected such a drop. Now on every drop there is a volume at the bottom, that is a good signal, a liquidation signal. In case of a false breakout of $1.57 or a breakout of the trend line, this could be a good buying opportunity.

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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.