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TradeDog-Research
27 mars 2023 15:03

BTC/USD - Weekly Overview Short

Bitcoin / United States DollarCoinbase

Description

The world's largest cryptocurrency developed a much-needed sustainability above the FIB level of 0.236 FIB level.
However, MA-20 looked vulnerable facing a negative crossover against MA-50. This may result in a breakdown below 0.236 FIB level.
The RSI level also showcased its negative nature while residing at the level of 36.72.
Overall, the support levels for BTC can be placed at 26K and 24K. While the resistance levels can be placed at 30K and 32K.
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