1D Bitcoin Chart Update
Updated
That’s a potential bullish breaker still - we have a chance to buy there once again, but I have a belief that boat has climbed. the local black descending resistance is the story on the previous daily chart. It needs to be reversed to support beginning again the bullish trend. you can see that there’s a potential golden cross between the 50-days green moving average and 200-red moving average on this time frame. This is often a lagging indicator (a result of the move up that has already happened but still worth watching.
Trade closed: target reached
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