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- #1
BTC has unfortunately dropped to 116k, or below 117k. Is this a bad sign or a false signal? Because even if the price dropped below 17k, it means that it would be a good idea to open a bearish trade. There may be a possible reversal at 116k that would cause the price to reverse and rise to 120k or much higher. So stay tuned because even if this week ends below 116k, the price may reverse and break 120k and even exceed 130k. This is very possible, so please be attentive.