š“ CAN I TELL YOU SOMETHING GOOD ABOUT $BTC š“
BTC has recently touched theĀ 100 EMAĀ on the 3 day charts at 53,485, a technical indicator that some traders believe can signal significant price movements.
Traders are observing the formation of a long wick on the current candle in 3 day time frame, suggesting potential volatility. If the low of this candle doesnāt break significantly and the same candle will be remain like after 2 days price wont break 53k but close near 56k or above, it could indicate a positive outlook for BTCās price trajectory.
Currently, BTC is priced atĀ $56,532, marking aĀ 2.9%Ā decline from yesterday. Compared to its value a week ago, itāsĀ 7.0%Ā lower. The trading volume for Bitcoin in the last 24 hours isĀ $60,642,984,221.
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