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$BTC Thoughts: Three main plays: Weakness in current comp | Chart Science

$BTC Thoughts:

Three main plays:

Weakness in current comp leading to breakdown to 24k (Unlikely + poor R:R)

Deadcat to 38k, the best bear play to be had. Strong probabilities and risk

Deadcat bounce reclaims 38k comp + HVN and starts fresh trend targeting 48k first (Not likely given current fiscal policy)



Environment Expectation:

Chop from 32k to 28k
Play reversion, and do not expect momentum to return