Until nine hours ago the 50 hour moving average was providing support... then we broke through and Bitcoin finds itself trapped between the 50 and 100 hour moving averages. With these converging, the pressure is on for Bitcoin to decide which direction it wants to go. Do you believe it will break up or down from here? Let me know in the comments below.
Please give me a thumbs up and follow me if you found my analysis interesting.
This is for educational purposes only and not a recommendation to buy or sell.
Please give me a thumbs up and follow me if you found my analysis interesting.
This is for educational purposes only and not a recommendation to buy or sell.
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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.
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.