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$BTC Over The 1Hr 200MA (1st Pic)
$BTC Facing Resistance At The 4Hr 200MA (2nd Pic)
If price can't get above the yellow 4hr 200MA and then faĺls below 1hr 200MA.
We could see $59,763. Target is approximate until the breakdown occurs.
Below 4hr 200MA is a bearish signal.
Let's see if the 1hr 200MA can hold support. 👀
A bunch of bearish divergences stacked up on the 1hr RSI to be aware of.
This indicates weakening upwards momentum.
NFA, DYOR ⚠️
#Crypto #Trading #BTC