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Crypto38
May 12, 2023 6:14 PM

Bitcoin bounce at $24,000 Long

Bitcoin / United States DollarCoinbase

Description

I see Bitcoin moving accordingly so far. On my daily chart, RSI is just getting to 30. And Bitcoin is still above the 200 Simple Moving Average so it has room to come down before a bounce as it always does with these chart patterns. Thus, I still see no need to panic. Only opportunities to accumulate or get in.
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