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Bitcoin
Short
Updated

Bitcoin Can Easily Drop From Current Prices | $8320 Followed by

2 856
Looking at Bitcoin on the 4H timeframe, the charts are saying that prices can easily move lower.

Right now EMA50 ($8602) is working as support while prices trade below EMA10 after a full red/bearish candle.

The indicators are bearish, RSI and MACD, while EMA100 and MA200 haven't been tested as support since early Jan.
If BTCUSD breaks below $8600 with good volume, we are likely to see $8320 followed by $7753.

Additional details can be found on the chart.
Feel free to leave a comment if you have any questions.

Thanks a lot for reading. :)

Namaste.

Note
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Note
New update:

Bitcoin Moves Lower, Aiming At $8,000 On The Daily


Bitcoin Aims Lower | $7850 Now In-Play
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alanmastersaltcoinsBeyond Technical AnalysisbinanceBitcoin (Cryptocurrency)bitfinexBTCBTCUSDcryptoTechnical IndicatorsTrend Analysis
MasterAnanda
🚨 You need PREMIUM trade-numbers to profit from Cryptocurrencies —Best timing & amazing results! 👉 lamatrades.com (Since 2017)

💥💥💥 Early 2025 Results (NEW)
t.me/masteranandatrades/6119

🏆 FREE Trade-Numbers
anandatrades.com
Also on:

Related publications

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.