Bitcoin will retrace deep enough to convince you that the Bu | RektCap on Binance Square

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Bitcoin will retrace deep enough to convince you that the Bull Market is over
And then it will resume its uptrend
#BTC $BTC #bitcoin 

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#BTC The multi-month RSI Downtrend is over $BTC #Crypto #Bitcoin

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#BTC It doesn't look like this time is different $BTC #Crypto #Bitcoin

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#BTC Slowly, people are starting to believe $BTC #Crypto #Bitcoin

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#BTC Bitcoin is getting closer to the 21-week EMA (green) resistance, the top of this triangular market structure developed by the two Bull Market EMAs Bitcoin will likely need a Weekly Close above the green EMA at ~$88400 followed by a retest to confirm a breakout towards $93.5k Back in mid-2021 (light blue circle), BTC performed upside wicking in the "Weekly Close week" and downside wicking in the "retesting week" If history repeats, that sort of volatility around the 21-week EMA shouldn't come as a surprise $BTC #Crypto #Bitcoin

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#BTC There's been a clear decline in sell volume over the past few weeks, opening up an opportunity for the buyers to step in It has since become more of a buyer-dominated market as of late however buyers need to start demonstrating above-average volume for this move to accelerate $BTC #Crypto #Bitcoin

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