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Youza
Mar 30, 2021 9:14 AM

BITCOIN Divergence on the daily 

Bitcoin / US Dollar IndexBitMEX

Description

After seeing divergence on the daily chart, what can we expect from BITCOIN in the coming weeks?

61k remains the bullish target point at the all-time high as we currently struggle to break 58k.

Is there a further dip coming? Surely not with such a huge backing from Elon.

Comment

Price has fallen to around 56k which would be a trigger for the bulls on support. However, momentum seems strong and price action is needed to continue further higher. For the bulls, patience is needed. Upside potential remains strong long term.
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