Over approx last 80 days BTC lost around 50% value. The past 10 days have shown steady movement with approx 1% daily gains after touching first level support , leading to a possible breakout out above the 80 day trend.
This could be interesting short term upside, need other indicators to support trend. High risk If no support around 42k, could test second level support 30k-27.
Will be interesting to see how this plays out
This could be interesting short term upside, need other indicators to support trend. High risk If no support around 42k, could test second level support 30k-27.
Will be interesting to see how this plays out
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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.