The BTC four-hour chart is showing promising signs that Bitcoin has found some support. The higher low and higher high warrants taking a position on the long side. Some volume did come in on the initial burst higher. Trading needs to hold above the 20 and 50 moving averages on this four-hour chart.
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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.