Bitcoin Analysis 6/10/23 (Review of Macro Ascending Channel)
There are two things worth mentioning on the 2 Week Chart:
1. BTC appears to have lost the critical 50 EMA
2. The next major level of support is the bottom of the Ascending Channel / the 2017 Peak around 19.6k.
1. BTC appears to have lost the critical 50 EMA
2. The next major level of support is the bottom of the Ascending Channel / the 2017 Peak around 19.6k.
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