Bitcoin is finding resistance at the weekly Kijin-sen (46747 USD) level per the ichimoku cloud strategy analysis. The weekly trend bias is neutral as a weekly candle close above the weekly kijun-sen is required to consider the weekly trend as bullish. The flat cloud is also a signal of neutral bias.
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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.