1W EMA 5 remains above EMA 20. Bitcoin resumes parabolic uptrend

Long

Bitcoin (BITFINEX:BTCUSD)

Updated

BITFINEX:BTCUSD Bitcoin

Trend Analysis

trendanalysis

Possibly EMA 5 remains above EMA 20 (1 week scale) as has historically been, and we see Bitcoin return to its parabolic uptrend.

Comment:

Seeking a bounce around here, otherwise not looking to great if it fully breaks through below. #Bitcoin $BTC

snapshot

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