The Line That Define Your Upcoming Generational Wealth [BTC.D]
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Since Q3 this year, the VWAP line has been acting as a fairly strong support level. This maybe indicates that crypto market participants are closely watching this indicator as an important reference point for Bitcoin's positioning relative to other cryptos.
If this line gets breached, it could signal a broader shift in market sentiment. A breakdown of this support could open the door for a more dominant altcoin movement, with capital flowing from Bitcoin to the wider crypto ecosystem.
This could provide a valuable technical clue to help answer the 420trillion question : 'wen altszn?'.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.