Bitcoin is making temp top-ish based on the technical.
My model suggests that every time it hits the white line and pierce to penetrate, It will bounce back as water bouncing ball and that can be clearly seen on the chart below.
Multiple time it hit over the life cycle of the bitcoin on it clearly bounced back and next support is around the buffer zone $5000-$5500.So the correction will be fast and furious to this zone and we will shake the loose hands here. A correction is eminent and will happen all NOV before moving to $10000 by end of the year.
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