Bitcoin needs to hold 27,175 support
The market sentiment shows a breakout of the macro downtrend of the price of bitcoin.
Distributive accumulation amongst whales cannot be ignored. Perhaps a pull back t the 24k area would be ideal for a long term bounce to the break of the 31k local resistance.
Market earnings for most tech companies will be published this week, trade with caution. Retail traders are advised to trade with minimal leverage with attention to the break out of the key area zone.
Distributive accumulation amongst whales cannot be ignored. Perhaps a pull back t the 24k area would be ideal for a long term bounce to the break of the 31k local resistance.
Market earnings for most tech companies will be published this week, trade with caution. Retail traders are advised to trade with minimal leverage with attention to the break out of the key area zone.
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