BTC squeeze - a breaking point
Updated
BTC has been consolidating around the daily 34 EMA (yellow) for about a month now. But the 89 MA is rising to meet the current price. Will the squeeze of the two moving averages cause the price to break up through the 34 EMA (bullish), or will it break down below the 89 MA (bearish)?
Note
The squeeze forced the price upwards!
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