BTC is unable to cross the resistance area.

in LeoFinance3 years ago

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BTC is unable to cross the resistance area. The good news is BTC holding above the daily 200 MA (Blue line) and bulls want to dominate. The daily 50 MA (yellow line) is increasing rapidly and in next 2-3 weeks we may see a golden cross (when 50 MA cross 200 MA in upward direction). Golden cross is a bullish event and start a new rally. No need to panic.

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