Btc (last update)

Nov 12, 2022 4:04 PM

There is a possibility that the support break will be a false break (Spring).

As shown in the Wyckoff model of assembly

As a false break of the support occurs after the cross-gathering area and then rise again

This happened at a low of 29-30k

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But we will never be sure that what happened is a false break or not, unless the price rises again above the support

Otherwise, be careful

@Tareq

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