Bitcoin is facing diagonal and 200 ma resistance. The price doesn't show aggression when it touches the resistance points. It is forming bullish consolidation instead. Expecting a breakout. This setup would be invalidated when the price closes below support.
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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.