Not much is happening on the Bitcoin chart, but it is worth noting that descending resistance is in line with the 50 MA on the daily, a key level that traders and algorithms will be watching as resistance. A strong push through that level could be a great signal that the bottom is in.
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info@thewolfoallstreets.io
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.