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Notes by Dave Larocque | export

 This is a screenshot of tradingview showing my client this massive weekly red candle with huge wick. Yes bitcoin touched 38k and came back up and was pushing 43k. Many people got their bull hats on but when you read the  chart and not listen to the hype, you start to see something different.

Show me the chart and ill tell you the news.

This big red candle on the weekly timeframe was a big souding alarm for a much needed and healthy correction ghat can take up to 2 months to fullfil, not 1 week. Weekly timeframe signals can take months.

Anyways bitcoin is likely to hit 31-33k local bottom before bull run to retest the previous major support.

https://image.nostr.build/519f7877ea37714546bd116b73f66f18d0807e13c9b13a3747dab16374d559a6.jpg#m=image%2Fjpeg&dim=886x1920&alt=Bitcoin+weekly+candle+correction+signal&blurhash=%5B7SF%3BMROr%3B%3D%7E%25cs%3BRkxt_4%251NHD%24DRIUV%3FIVV.E1ix-oNN-okCRnx_%253XmaxISV%40aLxuIBW-nhRn&x=a16e3c0573e06e6bad3d6af6c2e96e38ad46a37bd113a0234fb5ec6254882d43