Selling Climax: A Sign of Bitcoin Reversal or Consolidation?

First published at 01:30 UTC on May 26th, 2023.

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…

CategoryBusiness & Finance
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