bullish
chartpattern
correction
indicator
marketcipher
trendanalysis
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Daily Bitcoin analysis Red dot on the 1D, but that might not be a big deal. Let's see what Bitcoin wants to do short-term. VWAP momo crossing to the upside, Wolfpack in the green curving slightly up. We bounced right off the 21D MA again, establishing it as a support so far. Technically right under the previous channel trend line, but maybe we're just working...
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All this year, we were in an uptrend. Then we fell from 58 to 43, a correction, but that was not that much and was healthy for a continuation of the bull market. In that local downtrend, we bounced off of 43. In comes the fib retracement. Once we retrace .786, it starts to become probable of a reversal (of that specific trend that you're drawing the fib...
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