$BTC price is pinned between the 50W and 21W SMAs. I’d like to see price drop into a support test near the 200W to close the remainder of my short. The macro structure and thin order books leave room for lower prices before a breakout can be validated. That test is possible, not inevitable - and it doesn’t have to happen this week. In fact, the weekly view is starting to lean bullish.
Keith AlanShare
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