Bitcoin's overall trend is bullish. The reason for the long position is trend-based and also a change of character occurred in 1 hour there is an order block there and also an FVG so this a very good zone for buying entry confirmation time frame will be 5 or 15 min.
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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.