BITCOIN CONSOLIDATION HIGHER LOW HIGHER HIGH

Candles been consolidating on and around mean reversion lower channel. This support zone seem to hold off good. Slight breakout to higher high in recent days. Let's see if there's enough strength to close off on or above the 50 day moving average. Seem like candles are on track to follow the blue curve line and test the mean reversion (red line). Added the purple line possible big rounding bottom.

Short term moving average : uptrend holding candles
RSI : -
Depth Chart : support wall around 7500 , resistance wall around 9000
Weekly Timeframe : looking to close off weekly candle bullish

Disclaimer : This is not financial advice, it's all based on my personal biased opinion. Do your own research and put in the amount you can afford to lose.

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