BTCUSD: Above and below the trend
Another long consolidation period with collecting stop-orders above and below the settled price range. The next could be to the upside, since a lot before were to the downside. Also, for the current bitcoin condition bulls seem to be more supportive by the crowd, so every next substantial upward movement may lead to a next rally.
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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.