BTC is now on 'not bullish not bearish' Zone. Below 47K it is bearish and will go 43-41K level. Above 53K it is bullish. But BTC seems taking strong support on 48K area which in on 20EMA. Moreover it is om 61.80% level on FIB which is also a good support. I'm seeing buying pressure is more than selling pressure on market. It is also a good sign for bull market. But I expect some consolidation Between bear and bull like previously occurred (watch the chart☝️☝️☝️).
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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.