It may not be a good idea to go long on BTC yet!

COINBASE:BTCUSD   Bitcoin / U.S. Dollar
Have a look on 1H chart too and you can see there is still indecisive actions between bulls and bears.
Also on 4h chart, there is bearish pressure from 50, 100 and 200SMA.
The recent bull action was just pull back (may be)
I will wait for some action around 9200 anchor which has been SIGNIFICANT support in the past

Please leave comment below of what you think.


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