source avatarGann Wyck

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$BTC Saturday report. #Bitcoin ~ What’s Next? The Big Saturday Report: All We Need to Know TA / LCA / Psychological Breakdown: We are currently sitting right on the Weekly level at ~$75,900. Level 1 – Weekly Level (~$75,900) This is where we are right now. It is the first important level. Holding above it keeps the structure intact and gives room for the projected move higher ( 87k ) . Losing it on a daily/weekly basis would put pressure on the level below and increase the chance of a deeper test. Level 2 – Hidden Orderblock (~$72,500) This remains the most important level on the chart. As long as we do not get a weekly open close below the weekly structure stays valid. A wick into it is fine. A weekly close below it would be a structural break and would open a much more serious downside scenario. This is the level that, in my view, needs to hold for the bull case to remain alive. The Projected Path (Yellow Candles) And lets not forget all those naked highs at 87k. Those will get taken out asap. This is not financial advice, only educational analysis based on the chart structure shown. Join VIP for more daily insights. ~ GannWyck

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