#BTC update [May, 18th] Bitcoin in no-trade zone

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BTCUSD

I've tend to bullish from 8,900 with 8,400 being a support from previous breakout. There's higher lows and nice bounce from ichi clouds on multiple time frames. However, once we get above 10,000 again and hold that is the level to break to confirm bullish trend in the long term in my opinion.

A break below 9,000, which acts as support and then a final break below 8,400 (important support) would confirm the bearish perspective imo.

Bitcoin in 'no-trade zone' - No leaning bullish nor bearish, wait for a break of either side, and trade accordingly.

This current trading zone is allowing some alts to make some moves until one or the other happens.

Penafian

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