BitcoinForex (SPOT)

Bitcoin ($BTC): Updates Analysis & Forecast

 

In the previous analysis we followed the trend and the projection also on daily chart, but today we will update our view on small time frame. Having said that, if we look at the hourly chart, BTC triggered the expected corrective structure, and subsequently developed an interesting bullish leg. Technically, under the previous low (swing) the trend returns to bearish, so manage the position.

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