What To Expect This Week
Bitcoin in its self is probably trying to find a good ground for a bounce. This might be on the 10 EMA or at support level $10,769. For those in the trade already, hold on but close the trade if it touches $10,769. Those yet to enter, I suggest you wait till $12,000 resistance is touched and broken before you consider an entry.
Looking at the technical indicators:
Major Support Level – $10,769
Major Resistance Level – $12,000
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