The current trajectory of the BTC price suggests an inclination towards testing the 200-day Simple Moving Average at 29,770. While this possibility holds merit, it's prudent to acknowledge the likelihood of a subsequent rejection. In this context, a deliberate examination of the 28,260 level seems imperative before any substantial upward movement can be envisaged. NFA
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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.