BTC is still in the traingle and it is not able to break out of it.
Here and there pumps and dumps are pure manipulation and market is still trying to figure out the direction.
20 & 50 EMAs are resistance and 100 & 200 EMAs are support.
100 EMA level should be around 8700 and 200 EMA level should be around 7600.
Note
and we broke out of the traingle, let see how much steam is left in this run
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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.