BITCOIN
Possible test on 200 day moving average again, nearing 8500 zone. Higher volume resistance zone. Consolidation/halting at the 2nd steps of the staircase pattern, likely to have 1 more spike as the 3rd steps but maybe will just test or near 200 day MA zone. If it does break and close above 8600, probably we will see more push into near 9000.
News:
Short term moving average (day candle) : uptrend, gap closing in
RSI : nearing overbought
Depth Chart : (S) | (R)
Weekly Timeframe : crossover uptrend bullish candles
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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