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HERE WE GO! Many people won’t like this Bitcoin video. As you know I am very bullish on BTC and there are many cases for bitcoin price to see all time highs (even in the short term). However I would be doing you a disservice if I didn’t provide you with this BTC data that has a clear target under $10k. Even more so is the current resistance BTC is seeing on the short term charts.

Intro 00:00
Resistance 00:50
The BTC prediction IMPORTANCE 1:40
The best Bitcoin data today 2:25
Lower high 3:00
Last summer lower high 3:05
Lower high NOW? 3:40
Bullish indicator 5% away 4:45
First support $10,800 5:40
The bearish break below $10k 7:00

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  1. S2F chart is where I get my macro view. I think a huge capitulation candle would surely turn into a wick and catapult us to new highs easily. I know the S2F is contested but I think it's right on for and asset that can be actually used as a currency and doesn't need to be sold to utilize the underpinned value. S2F doesn't work with gold because it can't be used as an actual currency and has to be sold for $. Bitcoin does not.

  2. telling it like it is with a calm demeanor and an understanding that bitcoin has no where to go but macro long term up. hopefully newcomers to crypto space will realize that overzealous hype attempts by youtube channels to get views should not be part of technical analysis. heads up token picks are different matters of course. thank you.

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