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$BTC Update ☔️
Ugly 5h candle, but this is just the market doing what it often does in strong conditions: remove leverage and force a repricing.
The important part isn’t the wick itself - it’s what happens after it:
Do we keep printing lower lows, or do sellers stop getting paid?
Do we reclaim and hold key intraday levels, or do rallies get sold?
Do alts fold with it, or keep showing relative strength?
More often than not, moves like this lead to some range‑building and digestion rather than immediate continuation or breakdown.
That process matters more than the initial impulse.
I’m still bullish. Big picture hasn’t changed.