BTC monthly Bullish Engulfing
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The market hovered at 8200 resistance, which is still not managed to break. In the short and medium term, the situation looks tense and we can still roll back to supporting the downtrend. But if you look at the 1-month scale chart, we see a very strong green candle, which indicates bullish absorption and is a good sign.
The market hovered at 8200 resistance, which is still not managed to break. In the short and medium term, the situation looks tense and we can still roll back to supporting the downtrend. But if you look at the 1-month scale chart, we see a very strong green candle, which indicates bullish absorption and is a good sign.
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