Is Bitcoin going to CRASH?
Bitcoin is moving sideways in the long term, being inside of what we call an antipersistence area (FDI around 1.5), where there is no trend. Despite this, our dashboard is calling for an uptrend and the Divergence Cloud indicator is not showing a bearish trend (red shadow). The crypto can find support on the base channel (dotted lines) to continue with the bullish long-term sequence to 120K. The break of the key level at 34532 will open the path to new lows.
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