Grandmaster76

1 Day Hammer Candle Wins the Bulls

COINBASE:BTCUSD   Bitcoin
Strong Hammer Candle on the 1 Day Chart wins the bulls back for Bitcoin, overruling short-term technical weaknesses

Psychological barrier at 12k stands, while resistance at $12,444 is heavy.

Buys above $11,400 may be unsustainable short-term

Past consolidations have been longer in length and the market is more regulated now, and somewhat less volatile.
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