Bitcoin is currently trading between two key structure levels.
After a massive selloff from 10000 level it looks like sellers started taking their profits. Recently the market has formed a peculiar double bottom pattern, lying perfectly on key support. + Row of rejection candles and dodji + RSI divergence give as a clear indication that the market may retrace.
Last but not least is the harmonic bullish abcd pattern with the D point matching with the identified structure.
So my recommendation right now is to look for a pullback to a broken level and sell from there reducing our risk and increasing the reward.
Good luck!
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