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BTC:USD Currently Bullish
I don't own any BTC, I watch it as an indicator for the Alts.
There are a bullish Falling Wedge pattern and a bullish RSI divergence on the 4h chart.
I think BTC will go up again, taking out 48k, 50k, maybe even 54k but it will not reach the previous heights.
After that, we should see a massive selloff to the 21 weekly MA which is currently at around 30k.
(not trading advice, I'm not your financial advisor, do your own due diligence)
There are a bullish Falling Wedge pattern and a bullish RSI divergence on the 4h chart.
I think BTC will go up again, taking out 48k, 50k, maybe even 54k but it will not reach the previous heights.
After that, we should see a massive selloff to the 21 weekly MA which is currently at around 30k.
(not trading advice, I'm not your financial advisor, do your own due diligence)
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