BTC/USD is currently showing a bearish MACD cross about to happen which might take its price down to ~$7300 to ~$7500 support range if EMA200 fails to hold it for now. At that support range is where EMA100 and EMA50 might serve as dynamic support. If it does hold, we can see it test next resistance at ~$8300.
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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.