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Bitcoin now is dropping to EMA25 daily. It's a temporary support
Bitcoin
Bitcoin now is dropping to EMA25 daily. It's a temporary support
By joycryptoanalyst
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Jun 8
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Jun 8
Currently, Bitcoin is experiencing a decline to the daily EMA25, which is merely a provisional support at this point.
Keep a close eye on the funding rate matrix this weekend.
If there is a substantial continuation of positive funding across the spectrum, it could pose a significant threat to the EMA25 support.
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