Bitcoin uptrend is still strong, last week the price respected the 26 SMA and continued up to a new level, this week I'm expecting another consolidation phase with 2 - 5% retracements and small pumps over the week. Watch your SL and keep following the trend
- Trend: Uptrend consolidation phase
- MACD has made a little cross up and is far
away from the 0 line. - Price is above a key level, but close to
$6,000 key level, could range around 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.