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The trader spoke about the prospects for the Bitcoin movement
Forecasts of financial markets are the private opinion of their authors. The current analysis is not a guide to trade. FORKLOG is not responsible for the results of the work that may arise when using trade recommendations from the presented reviews.
A practicing trader and founder of the Crypto Shaman project Vadim Shovkun talks about the current situation on the market.
Bitcoin has been moving in the framework of an amplitude of 3% for a week. From the last review, there were no special changes in the market.
Thanks to such a long side movement, the asset involuntarily left the ascending channel. “Exit” is sluggish, non -hubs, POC is not penetrated, which at the moment can be considered a false breakdown. To return to the channel, you need to gain a foothold on $ 21,900.
An https://gagarin.news/ru/news/open-sea-database-is-compromised/ important technical level remains $ 21,700-the zone, above which POC and a clear fixing-output from a multi-month upward channel are held. Having overcome the red mark, it will be possible to consider the movement by $ 18,000.
The main expectation of the market is now growth in the future by $ 25,000- $ 27,000.
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