Bitcoin: More Upside or Was That the Top?
From dailypriceaction.com
Bitcoin took out the $25,200 equal highs on Tuesday but is currently trading below that mark. So is the mind-bending pump that garnered 35% in five days over, or do BTC bulls have more fuel in the tank? First and foremost, shorting Bitcoin here is risky. Anyone who managed to get short near Tuesday’s high has done well, but the market is approaching some key support areas. Furthermore, Bitcoin loves to fill long wicks, just like the upper wick that’s developing on the daily time frame. So even if the top is in, we most likely see another run at $25,200 or a bit higher first. But when I look at the S&P 500, it ...
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