The btc price is near the 200EMA support line on the weekly chart and should bounce for some green candlesticks in the near future. The last time we touched this support line was September 2015 which sparked a long term uptrend for bitcoin. Good luck everyone!
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Disclaimer
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.