BITCOIN (BTC/USD): Time Might Run Out Soon for Bitcoin

 


Bitcoin continues to be traded under its 50-day EMA, at around $17.1k, and is underperforming gold. This can't go on forever. Bitcoin has to either break out above the $17.6k level soon, or else it will get squeezed down to $13.8k.

This note contained herein is not and should not be construed as a recommendation to buy or sell. Click here to view the latest update!


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