Bitcoins HTF perspective
I still have a bearish bias on Bitcoin because of the current trend and crisis. Bitcoin is risk on money and people are not going to invest in bitcoin in these heavy corona times when everyone already is losing money.
But the current price of Bitcoin presents itself above the equilibrium of the range. The equilibrium of a range acts a big support/resistance. Expecting a move to the range high IF the price of bitcoin can find support at 7.4k.
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But the current price of Bitcoin presents itself above the equilibrium of the range. The equilibrium of a range acts a big support/resistance. Expecting a move to the range high IF the price of bitcoin can find support at 7.4k.
Follow our signals using our crypto signal scanner (comment)
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