Bitcoin is bouncing off previous resistance on the 4 Hour chart and on the daily, BTC on the 4 hour chart is also very over sold buyers will look to come in for the bounce. People are profit taking now from the big run up that we have had over the last few months.
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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.