G_Acidbeam

$BTC correction

BITSTAMP:BTCUSD   Bitcoin
$BTC - After a bullish run, it started to sell-off in the past 5 days. Momentum slowed down with the bearing engulfing candle to end the uptrend. It reached support at $54 K, which is also a buy signal, as seen in the last candle. It needs to defend $58,500 to continue the uptrend.

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