We need a bounce from there. BTC!

BTC broke down from a rising wedge from 4h time frame. But on daily its looking like its gonna bounce from the golden pocket given in the chart. EMA 100 is also in same spot as the golden pocket. So the probability of the bounce is more unless there is any negative fundamental news.

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Things turned out messy after the tweet from Elon. FA probable has more to do with the dump, but things looks bearish if the daily close is below EMA 100. Stay cautious!