BTC Price slowed down at 50-day SMA/EMA
Just a generic Daily chart to eye broader action. It's been a week and the price action has been less than interesting. Right now BTC's price is hanging around its 50-day averages. I'm looking to see if a prominent ascending triangle can form around that 7450 top. The bulls at least need to get a daily close at previous highs in that area or were seeing a failure of momentum with that lower high range. Just watching to see if the bulls show up and break out. If so, I can see if a push up to that 7900/8k range of the 200-day EMA/SMA.
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