Bitcoin headed towards a crucial re-test
Bitcoin will most likely re-test the previous breakout level at the 53-54k range according to price action and basic trading rules.
Don't forget that price tends to re-test previous breakout levels most of the time. I turned on the 9MA in the daily chart to keep track of the re-test zone. If you are a bull, you want the candlesticks to close above 59k confidently.
Don't forget that price tends to re-test previous breakout levels most of the time. I turned on the 9MA in the daily chart to keep track of the re-test zone. If you are a bull, you want the candlesticks to close above 59k confidently.
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