It would be nice for $BTC to consolidate in this area here's why
If bitcoin can stabilize here for the long term future I can see this trending higher, the wicks on the July daily candle correlate to high buying volume as bitcoin retraced to its original break out position back in June. I'm hoping it will not take 6 months for another move. I'm long BTC as long as 10,000 level holds. Interested to see where the monthly close is for BTC. Another good thing to note is all longer term ma's are swaying upwards.
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