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Selling Climax: A Sign of Bitcoin Reversal or Consolidation?
Today we saw a selling climax. Normally these establish local bottoms and we saw that with the reversal up into a green close today. The question is now whether the momentum will carry us or if we need to consolidate for a bit and then start a fresh move. I'm very happy that we are holding the 200 week sma so far. I'm expecting it to hold...
#bitcoin #ethereum #crypto #trading #investing #cryptotrading #cryptocurrency #btc #eth
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