BITCOIN 100 MA HOLDING
Candle dip past the green channel bottom as of this writing, let see if it have the strength to close the day above the channel bottom. Possible test on the mean reversion lower channel around 8600 zone. If this break, then we are looking towards 7800 zone with rinse and wash curve downwards. Candles still consolidating between the 100 and 200 days moving average with 100 MA holding the candles.
Short term moving average : downtrend
RSI : -
Depth Chart : support wall fall behind to 8000 , wall at 10000
Weekly Timeframe : -
Disclaimer : This is not financial advice, it's all based on my personal biased opinion. Do your own research and put in the amount you can afford to lose.
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