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Bitcoin May Break 50k This Week

Oleh lwils2169
BTCUSD is getting very close to the 50k psychological resistance. Furthermore, the 25ma has bounced off the 55ma and now they are developing a significant gap, meaning that this trend has significant momentum and will likely continue for the next 24 hours. If we do break 50k I would not be standing on the sidelines, I would be going long. However, I am already holding a long position currently based on other factors.
Chart PatternsTechnical IndicatorsTrend Analysis
lwils2169

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