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The monthly chart of Bitcoin has closed, indicating a significant milestone in the bull market correction, while the weekly chart is desirable with two side-by-side Doji candles. The video emphasizes the importance of watching weekly, daily, and hourly charts for market signals, focusing on the EMA120 line's correction of the bull market. The speaker advised against buying before a resistance point breakthrough to increase the chances of profit and suggested ignoring economic data outside of the market. He encouraged viewers to wait for a potential breakthrough before making any buying decisions in the coming week.
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