BitcoinShort
BTC DAILY GOING INTO A TIGHTER RANGE
# $7800 - $8000 is where the possible rejection could happen (strong resistance), institutional traders short-selling interest might kick in.
# Breaking and staying above 50 MA is the next step before going toward $7800, $8000 resistance zone.
# Volume is hopeless ever since the 12 March fiasco, the divergence is clear. A lot of BTC transfer activity on the exchanges and USDT being minted, possible dump or breakout?
# Breaking and staying above 50 MA is the next step before going toward $7800, $8000 resistance zone.
# Volume is hopeless ever since the 12 March fiasco, the divergence is clear. A lot of BTC transfer activity on the exchanges and USDT being minted, possible dump or breakout?
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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.