Bitcoin's Monthly candle close is very bullish, but it's weekly close was short-term bearish How do we read this to try to gauge short-term market direction? Let's break it down to try to make some sense of this! This is a longer video than normal But if you want to really simplify your "read" on the market: if the 3-month candle closes at the end of this month above roughly $72k (12 EMA) then bitcoin is likely going to break out of this consolidation market in Q4 of this year
Coin Guide (William Watson)Share
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