BTC/USD (29k Last Area of Support?)

💎Technical Analysis Summary💎


BTC/USD

-Bitcoin is saved by the last area of support and 200 Moving Average on 2D TF
-If BTC will continue to move higher in the coming days
-I expect a retest of the 20 Moving Average in this 2D time frame
-This short-term 20MA may act as resistance again as seen in the past
-The Bulls and Bears are differently in a tug of war until the last one surrenders
-The market trading range is getting tighter and tighter each day
-We will soon see breakout direction either up or down
-So please always be prepared and manage your position size correctly
-Good luck and stay safe everyone!



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