$BTC No change from $50k target.

Took longer than expected, but idea is the same.

The UP false breakout coincided with the 200 H4 SMA and the 200 H1 SMA. I think the writing is on the wall on how bearish the whole situation is.

Volume has been low and inconsistent. This suggests further sideways movement is incoming.

Now I'll explain why I think $50.5k is a possible price target at the end of this crash.

That region was a highly traded area back in Feb 2024. Expect alot of support here.

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