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BTCUSD update

219
  • BTCUSD is below 200 moving average and exponential moving average
  • It broke below $8000 and briefly touched $7900.
  • March 21st is the US Federal Reservse meeting to raise interest rates with 88%+ chance of 24 basis point increase, which will make US dollar rise.
  • Libor rate is rising which could cause USD to break to the upside in 1-3 months, and push any crypto USD pairs down more.
Note
Making bear flag for March 21st.
Note
Well actually probably for tomorrow or Monday.

snapshot

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