Bitcoin

BTC: Bearish 🐻 or Bullish 🐂?

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After the most recent wick down to 53.3K, is the correction over and ready for a reversal? I would say that if the upper trend line is broken and holds up as support, then that could be convincing. Bitcoin needs a bullish engulfing candle on the weekly to show signs of strength coming back into the market.

Bullish divergence on the 4HR as well.

This is not financial advice. These are just my ideas and opinions.

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