On D1 chart at Bitfinex, we see BTC/USD accomplish a pullback in the 20 moving average, searching for the downtrend line to test before the e formation of a strong bullish candle yesterday. We could be living the beginning of a wave 3, movement that needs to be confirmed by the breaking of the previous top.
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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.