Bitcoin

Bitcoin and its everywheres waves!

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Bitcoin is Bullish for 3-4 days, it stays nicely above 200 EMA (we talk about lower time frames)

There is a nice pattern that keeps repeat, the price is moving slowly upward followed by a sudden crush, but the interesting thing is that the crash don't affect in any way and the price starts to climb right after.

RSI (21) gives a better picture.

So it will confirm a bull trend even in high time frames or is just a toy for big boys?

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