Waiting for an explosion
If BTC manages to have a meaningful close above the red line, that would in theory confirm the beginning of a bull market. And price could do anything as a result.
Note
After our strong rejection from our lower yellow line, I suspect a move up to the red line to be next. will we break it?
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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.