BitcoinUpdated Bitcoin (BTC) Indicision
Bitcoin marks a second day of indecision in as many days. Neither BEARS nor BULLS want to make the first move. If things continue as status quo, we will still make the Higher Highs and Higher Lows but I fear that that BULL-mentum is slowing
Note
Bitcoin must stay above the $46,383 support to prevent BEARS from gaining momentumNote
Bitcoin is dangerously close to losing the Higher LowNote
Bitcoin 50MA pointed its nose down at the end of trading day. Bitcoin danger close of losing the Higher Low and looks for support at $44,777. We also closed below the 200MA which we worked so hard forNote
Bitcoin has already made a Higher High (barely). A good sign that may imply the Bull-mentum is back!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.