Bitcoin still in bear phase
Greetings Traders!
BTC finding support at 0.5 retracement of previous bounce. A close and brake of 100 EMA, 200 EMA and upper parallel at (1) would change the path to bullish. For now price is still confined within a descending channel formation with support at lower parallel (2).
BTC finding support at 0.5 retracement of previous bounce. A close and brake of 100 EMA, 200 EMA and upper parallel at (1) would change the path to bullish. For now price is still confined within a descending channel formation with support at lower parallel (2).
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