the total supply is on the rise and this is good for BTC, it has come out of an important channel but it is still inside this even more important channel and the break could take it to the 53k level, already very strong resistance zone tested. many times.
The moment is delicate but still seen in the monthly UPTREND.
I think there may be the possibility of a rebound around 48k which would keep him in the channel but still in a dangerous phase, although I hope not!
We managed to break the 200 MA and use it as a support, hopefully it can handle the BEARS
What do you think about it??
The moment is delicate but still seen in the monthly UPTREND.
I think there may be the possibility of a rebound around 48k which would keep him in the channel but still in a dangerous phase, although I hope not!
We managed to break the 200 MA and use it as a support, hopefully it can handle the BEARS
What do you think about it??
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Disclaimer
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.