Bitcoin Is Stuck
Bitcoin printed an ugly candle yesterday, with a long wick up and small body. This indicates that bulls were unable to make headway, finding resistance at the 200 MA.
We are stuck between the 2 major moving averages… but still just chopping sideways.
One day we will have something meaningful to talk about on the Bitcoin chart!
We are stuck between the 2 major moving averages… but still just chopping sideways.
One day we will have something meaningful to talk about on the Bitcoin chart!
scott.melker@texaswestcapital.com
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