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Bitcoin Can Easily Drop From Current Prices | $8320 Followed by

2 858
Looking at Bitcoin on the 4H timeframe, the charts are saying that prices can easily move lower.

Right now EMA50 ($8602) is working as support while prices trade below EMA10 after a full red/bearish candle.

The indicators are bearish, RSI and MACD, while EMA100 and MA200 haven't been tested as support since early Jan.
If BTCUSD breaks below $8600 with good volume, we are likely to see $8320 followed by $7753.

Additional details can be found on the chart.
Feel free to leave a comment if you have any questions.

Thanks a lot for reading. :)

Namaste.

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New update:

Bitcoin Moves Lower, Aiming At $8,000 On The Daily


Bitcoin Aims Lower | $7850 Now In-Play
MasterAnanda
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alanmastersaltcoinsBeyond Technical AnalysisbinanceBitcoin (Cryptocurrency)bitfinexBTCBTCUSDcryptoTechnical IndicatorsTrend Analysis

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alanmastersaltcoinsBeyond Technical AnalysisbinanceBitcoin (Cryptocurrency)bitfinexBTCBTCUSDcryptoTechnical IndicatorsTrend Analysis
MasterAnanda
🚨 You need PREMIUM trade-numbers to profit from Cryptocurrencies —Best timing & amazing results! 👉 lamatrades.com (Since 2017)

💥💥💥 Early 2025 Results (NEW)
t.me/masteranandatrades/6119

🏆 FREE Trade-Numbers
anandatrades.com
Juga pada:

Penerbitan berkaitan

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.