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EylemCulculoglu
Jul 26, 2021 7:54 PM

Bitcoin bear trend is over. Prepare for 44500 Long

BITMEX:XBTUSD.P1D
Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX

Description

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Bitcoin has broken the descending triangle upwards. It had daily close over daily MA50 and weekly close weekly MA50.
This is a clear indication that bear trend is over.

My first price target is: 44500

Trend AnalysisChart PatternsTechnical IndicatorsBitcoin (Cryptocurrency)XBTUSDBTCUSDBTCUSDTbitcoinforecastbitcoinusdbitmexbitmexsignals
Comments
lilboss5
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