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Moshin_GW
Mar 9, 2021 1:14 PM

Will $BTC/USD continue to rise? Long

Bitcoin / U.S. dollarBitstamp

Description

Today's BTC breaks through the $52,000 line and cross-shareholding, it has risen significantly.

The reason for the rise is that the dollar's rise has subsided. There was a scene where the dollar changed at one point due to the rise in US long-term interest rates.
The situation is about to enter the adjustment phase.

Technically, the short-term moving average crosses the medium- to long-term moving average golden. By doing so, the strength of the immediate future was outstanding.

As a future strategy, if it falls again to $52,000, it seems to be a great entry point.
The next resistance levels are $56,000 and $60,000 in sight.

BTC still seems to be the first move of the rise. It is a phase where you want to make a long entry while dividing.
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