Bitcoin Holds Its 50 DMA - Ready To Rally?
Updated
After a seven-day slump, BTC has bounced off of its 50 day moving average. It's time to dial down to smaller time frames and put in some higher highs and higher lows.
Note
It's nice to see an increase in volume for BTC as weak hands get shaken out on the news of a delay for the approval of the BTC ETF. This is just more noise and really doesn't change much. However, higher highs and higher lows are still needed to get this thing going.
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