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Bitcoin | Bullish Flag Breakout Done, Now What's Next??

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BITMEX:XBTUSD.P   Bitcoin
BTC/USD (Update)


In 8h Chart, EMA200 (7332) & EMA100 (6950) Both Are Play Important Rule As Key Support & Resistance Level.

At the moment, Bulls holding the EMA100 (Support) & Pushing the Bitcoin price towards EMA200 (Resistance)

Now If Bulls Cleared the EMA200 (Resistance) & Weekly Candle Close Above it then Bitcoin Might PUMP Hard in Coming days (We Could See HALVING FOMO)

If Bitcoin Bulls Failed to Hold EMA100 (Support) Then It Might Retest the 6.4-6,6k Area Again.


BTW Bitcoin Bulls Already Broke the Bullish Flag & Now Forming Another tiny Bullish Flag.

In Case of Bullish Move, Target Will be Between 7340-7380 (CME gap Area)

Outline : At the Moment, I'm Bullish on BTC & It Might Test the 7340-7380 Area, & Also Waiting for Weekly Closing, It Will be Important for Halving FOMO.


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