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Odds and Indicators are now in favor of BTC
Bitcoin could retake critical levels and resume parabolic macro uptrend. The odds and indicators are in favor of it.
Price seems to have found and tested firm support between 28K-32K
A Wyckoff Distribution is about to enter the final phase before Accumulation
A small upward push in price could reclaim the 50D MA
A HTF bearish divergence seen in the RSI could be broken by the recent LTF test of the downward trend
MACD not far from crossing back into + territory
Price seems to have found and tested firm support between 28K-32K
A Wyckoff Distribution is about to enter the final phase before Accumulation
A small upward push in price could reclaim the 50D MA
A HTF bearish divergence seen in the RSI could be broken by the recent LTF test of the downward trend
MACD not far from crossing back into + territory
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