BTC appears to be forming either a bullish flag or a falling wedge (although it hasn’t yet fully completed). Regardless, the recent drop has caused it to fall below the 200-day SMA, and attempts to recover above this level over the past two days have been unsuccessful. This is not a positive sign.
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כתב ויתור
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.