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BTC might be entering the ascending channel

Long
BITSTAMP:BTCUSD   Bitcoin
BTC USD might be entering one more time the ascending channel in purple. In order to achieve this, BTC should reach the $30K price level. At the current price level at 23K, BTC is already above the 200 weekly simple moving average one more time, which is a bullish sign. We need to wait and see if the current weekly candle closes above 23K to get a bullish confirmation (5 days left to get this first confirmation).

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