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CarpeMomentum
May 2, 2022 4:26 PM

Bitcoin how far down could go or is the trend to be broken? Long

Bitcoin / DollarBitfinex

Description

Looking at a linear regression channel it appears Bitcoin is getting oversold at the lower 2 standard deviation band.
It should easily find support at $36.5 - 37k the ranges it is now if it will trend lower.
Charting a potential upward trend in a ghost feed for illustration purposes.

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