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seba26-77
Jul 11, 2021 11:05 AM

Bitcoin! a chance for the second stage of consolidation ? 

Bitcoin / U.S. dollarBitstamp

Description

Hello traders, in today's chart I would like to show you the probability of the next price move. Currently, there is a good chance of breaking two MA50 and MA100 by falling resistance and therefore increasing the chances of a breakout. Thereafter, buyers will have more shopping space and the price should be strongly directed towards $ 40k.

Let's not forget that the price is still under strong resistance all the time and the takeover by the bear may not be a big problem to bring the price down to around $ 28k.

It is definitely worth watching the fights between bulls and bears over the next days.

Be careful and good luck

Comment

8 days, 35% proceeds! exceeding the resistance of $ 40,500, will open the way for $ 46,000, promises to be interesting

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Comments
Theli
Simple and straightforward explanation, great work!
seba26-77
@Theli, Thanks ;)
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