Bitcoin is located between the EMA50 and EMA200 in the 4H time frame and is trading in its descending channel
Bitcoin moved in the direction of its bullish analysis of the previous day and reached the target
Risk on sentiment in the US stock market or investing in Bitcoin ETFs has led to the continuation of the upward movement and it is possible to look for positions to buy it from the demand zones
It should be noted that there is a possibility of heavy fluctuations and shadows due to the movement of whales in the market and compliance with capital management in the cryptocurrency market will be more important
Bitcoin moved in the direction of its bullish analysis of the previous day and reached the target
Risk on sentiment in the US stock market or investing in Bitcoin ETFs has led to the continuation of the upward movement and it is possible to look for positions to buy it from the demand zones
It should be noted that there is a possibility of heavy fluctuations and shadows due to the movement of whales in the market and compliance with capital management in the cryptocurrency market will be more important
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