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Bitcoin price macro outlook remains uncertain, analyst says
Bitcoin (BTC) price is still not in the clear, according to analyst and trader Rekt Capital, who explores the price action on a macro perspective. It comes after the big crypto leaped almost 5%, testing the $28,600 levels before a retraction. Bitcoin price still in the thicket: Bitcoin (BTC) price remains in the woods for as long as it has not decisively breached the lower high resistance at $28,370 on a macro perspective. This barricade is achieved by connecting the highs of at least three candlesticks in the one-week timeframe, which remains above the last lower high. Based on the weekly chart below, a lot of ... (full story)