After the adjustment, the market started rising again as the performance of BCH, ETH and EOS were strong. From the movement of the BTC market, it still ran above the level of $9,000. In the short term, if the $9,000 mark can be held, it would do beneficial to the longs. However, in the 1-hour chart, the adjustment came with the dead cross in the MACD has not ended yet. After the adjustment, the market is likely to boost again. Buying in when dips while the support at $9,000.
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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.