BTC should go long from now
BTCUSD is now above:
the recent downwards channel,
the 200 WMA (strong support),
the 25000 longtime support.
It is still below the long-term trend line that started from 2013, which is now slightly above the 30000 level, but I'm not sure that this trend still holds power. If it's not a fakeout, we should see a rise to at least the 30k level in the following days.
the recent downwards channel,
the 200 WMA (strong support),
the 25000 longtime support.
It is still below the long-term trend line that started from 2013, which is now slightly above the 30000 level, but I'm not sure that this trend still holds power. If it's not a fakeout, we should see a rise to at least the 30k level in the following days.
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