Yesterday, we noted that bitcoin started to coil within a consolidation range between roughly 236 and 256 as we can see in the 1H chart. (click to enlarge) During the first session of April, btcusd first extended a dip that cracked 240, but rebounded quickly back above the session high. More, importantly, the technical picture is shifting from neutral-bearish, to neutral in the near-term (1H chart).
1) BTCUSD is now crossing above the 200-, […]
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