vinitakai

Strange move in Bitcoin, different interpretations.

BYBIT:BTCUSD   None
The BTC made an ugly downward movement, which can be interpreted by bulls or bears in different ways, depending on the exchange you see on the daily chart. Apparently, it looks like bitcoin closed below the 50-period moving average, but it can be interpreted differently by bulls. The short-term bearish trend line can also be interpreted in two ways on different exchanges. When in doubt, it is advisable to leave altcoins in this period and monitor the movement of the BTC, and keep a part of the capital in dollars, in case the movement is not the desired (high).

What is your opinion? Comment what you think :)

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