BTC growth in anticipation of G20 - good sign!
Bitcoin restored all losses from weekend fall. The fact that BTC is growing in anticipation of G20 meetings, where the issue of the cryptocurrency markets regulation will be raised, is bullish.
From the technical view, such dive below 8000.0 and return looks more like market manipulation so the whales could buy lows before growth.
Excluding guesswork, to confirm the beginning of bullish movement breakthrough of the 200-days EMA (close to the 9000.0 level now) and Bearish Trend Line Resistance is required.
From the technical view, such dive below 8000.0 and return looks more like market manipulation so the whales could buy lows before growth.
Excluding guesswork, to confirm the beginning of bullish movement breakthrough of the 200-days EMA (close to the 9000.0 level now) and Bearish Trend Line Resistance is required.
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