BTC/USD
Looks like the price is moving pretty casually inside this channel. Taking out the 21 week moving average was a big step and the price is now fast approaching the 200 day moving average. In September of last year a break below this key average turned the sentiment bleak, and we have been stuck below it ever since. A clean break above the 200 daily would be a fresh and welcomed sing of optimism for the future.
The expected resistance around 8700 seams to have been broken and so far all sings are looking positive.
Look for pullbacks to buy.
The expected resistance around 8700 seams to have been broken and so far all sings are looking positive.
Look for pullbacks to buy.
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