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$BTC is continuing to bounce off the 2W 50 EMA 👀
Taking a look at the chart we have been watching, it’s clear Bitcoin is starting to regain some strength and momentum after testing the 50 EMA on the 2W chart EXACTLY like we have been holding for.
It is very important that we keep seeing more bullish momentum build throughout the week, otherwise we could just be seeing this move turn into a dead cat bounce.
This is the last level of hope for new ATHs before the next bear market, so it is crucial that we start heading much higher soon. Hopefully we can get back above $100k in the coming weeks.
Make sure to keep a VERY close eye on this chart…