Possible bitcoin downmove. MM buy model. target 240$
Updated
It's just a possiblity but judging from higher timeframes, it definitely seems like the move has lost some momentum when it hit the daily MB. This chart is made to describe a potential downtrend in detail. A further uptrend is still possible.
link to chart describing further uptrend:
link to chart describing further uptrend:
Note
DAILY MB can't be seen very clearly so here's a screenshot of where it originates from :)
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