drduru

Bitcoin tests 50DMA support

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GEMINI:BTCUSD   Bitcoin
While the stock market sells off, Bitcoin is also selling off albeit less dramatically. Still, the narrative on crypto, especially Bitcoin, has positioned this space as a refuge from financial turmoil. If nearby supports do not hold in this time, the narrative will be seriously called into question!

i largely ignore the explanations offered for Bitcoin's ups and downs and stay focused on the technicals and my Google Trend Momentum Check (GTMC).

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