Bitcoin closed the week below the 200 WMA. Three times before it was saved right at this level. Will it happen this time?
On the other hand, the Q2 candle that closes on June 30th is on track to be very bearish. In order to make it neutral, the coin needs to rally about 45% in the remaining 10 days. Everything it possible for Bitcoin, right?
This BITCOIN weekly overview discusses:
– candle charts and corresponding technical events for BTC;
– a classical pattern with the target;
– short and long term EW perspectives for BTC.
Latest BITCOIN Monthly (link).
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