Nothing has changed, no panic, everything goes according to plan.We are constantly moving in the growth channels, we slow down a little and this is a fact, but there are no signs that the trend may reverse.
My recent altcoin strategies are also depending on BTC. Let's see how it goes!
Taylor1920
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Taylor1920
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we actually need a fall before we keep climbing, if you look at the one day charts the RSI is barly inside overbought territory and the MACD is showing bearish trends. so for the next bull run to be stronger than the last we need a fall down to the MA 200 or even the MA 100 on the day charts which are 4550 and 4100. if we fall down to them and stay down for awhile for the price to consolidate. then we will have a much stronger bull run here in the next couple of months
seba26-77
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@Taylor1920, Of course, I agree with you, it also shows in the previous chart, to the level of 4500 $ -4100, we are still talking about the upward trend
Taylor1920
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@seba26-77, yes we have a broader trend but a lot of people (moon landers) are longing right now and they will be disappointed if they see bitcoin dropped 1000. I agree with your long position on the week charts. but for the day or 4 hour charts its going to fall before It goes up
seba26-77
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@Taylor1920, that's why I called the black line temporary support, because in a moment it can turn into temporary resistance :)