Cryptocurrency Opinion and Analysis

Bitcoin Cuts Below The Upsloping Trendline

2022.05.08 12:42

Bitcoin cut through to hit below the upsloping trendline. If the break is valid, i.e., if the market cannot bounce straight up from here, a cluster of support from the 2022 lows will come into play.

Bitcoin Cuts Below The Upsloping TrendlineBTC/USD Daily Chart

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