I think Bitcoin will go back down to the next yellow line because it is not holding up for now. The macd is helping with this. There is time for it to turn around and go long again. But it will still go sideways for a few more moves up and down before the big pump that is imminent.
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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.