Bitcoin :- Daily Chart Analysis
Bitcoin has been holding strong even after the small downward move we have seen in the past 8 hours.The 200 MA is acting as resistance at the moment.
A move lower to the support levels of the smaller time frame moving averages will be a good sign to accumulate and from those levels pries will move higher to test the 10k resistance once again.
The RSI also signals a bullish move is upcoming once we hit the RSI Uptrendline.
The next target for BTC is placed at 11526 once we break above the purple moving average(200 MA)
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