A continuation of the explanation of the market situation, including the entry points and approximately where the bottom is, and in the next report, roughly when Bitcoin’s sideways movement is expected to end.
STORM101
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Now we’ll start explaining the reasons for sideways movement, step by step. Fellow traders who want to learn are very welcome. Anyone looking to join the gang of penny analysts and tip sellers, please don’t follow this explanation. What is a “pivot low”? (True support) A pivot low isn’t a random number; it’s an area where large buy orders and buyer liquidations are concentrated.