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RE: Technical Analysis on Bitcoin: TD Sequential + Stochastic & the possible bearish continuation. Beware of this pattern!
Drop bitkoin unlikely to 5500, you need to take into account the cost of mining, below the cost of its no one will not sell, it is not profitable.
You're absolutely right, but it is likely for the daily candle's wick to extend to that level and the candle to close at over 5800$.
Maybe just wait