Bitcoin went to 17660 on 18 July 2022 and after that, it is making HH and HL but the 50 MA is below 200 MA that's why we can say it's a short-term bullish trend. We can long bitcoin at this stage.
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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.