BTC/USD: Can Traders See Bitcoin at Around $8,800 Before It Leav
Judging by the price movement, Bitcoin (BTC) still remains in the $8,600 - $10,000 trading corridor that was formed back in May.
However, the first cryptocurrency still went beyond the lower border of the upward support line, which indicates the weakness of buyers. The uptrend casts doubt on the fact that on the daily chart the price is already below the moving average 50 (EMA 50).
However, the first cryptocurrency still went beyond the lower border of the upward support line, which indicates the weakness of buyers. The uptrend casts doubt on the fact that on the daily chart the price is already below the moving average 50 (EMA 50).
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