Bitcoin Price Prediction: Daily confluence detector shows a lack of healthy support levels, BTC/USD may drop more

 

Bitcoin Price Prediction: Daily confluence detector shows a lack of healthy support levels, BTC/USD may drop more

The price bounced back off the 55 hourly EMA and also rejected the trendline. The good news for the bulls is that the price is still above the 200 EMA. Interestingly, the RSI is in an oversold area so …

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