Bitcoin could start an uptrend soon
Bitcoin has lost a lot of value lately, but it seems it has been correcting the price. A major support level is placed at $33,000 , and I believed it will bounce back from that price. The MACD shows that the downtrend has been huge, and the RSI shows that is overbought, CMF could be predicting that a uptrend could start soon. I think it will be a buy soon and my target price is $50,000. A sell stop limit should be place at $30,000 in case it keeps the down trend.
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