BitcoinShort
Bitcoin broke its lower trendline a few hours back
Bitcoin broke its lower trendline a few hours back and now the same trendline is acting as resistance. This reversal suggests bearish momentum in the short term. Adding to this Bitcoin has formed an indecisive candle near its top which is a classic sign of market uncertainty and potential bearishness.
For Bitcoin to convincingly break its all-time high it might need a pullback to consolidate and build momentum. Tomorrow with Trump’s expected comments fueling market speculation, the Trump euphoria could decide the immediate future. While a bullish statement is likely.
For Bitcoin to convincingly break its all-time high it might need a pullback to consolidate and build momentum. Tomorrow with Trump’s expected comments fueling market speculation, the Trump euphoria could decide the immediate future. While a bullish statement is likely.
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A simple trader, distancing from the fake crowd. Simplifying complexity, I prioritize genuine insights over trends.
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A simple trader, distancing from the fake crowd. Simplifying complexity, I prioritize genuine insights over trends.
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