we have an interesting structure in the BTC chart The relief rally was important to reduce a possible generous abcd correction which could bring the price to the correct 20000-30000
the latest recovery rally and the possible end of the week which we are now seeing is a bulish signal which signals the intact bull market
the next important step that has to be approached is a daily closing price of over 49000 and the level should be maintained
ps: the MACD also gives us a cross and a bullish level
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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.