Is Bitcoin Settling?


Bitcoin is attempting to settle and even developed a buy signal on Marketcipher on the 4hr candles. The MFI is also bordering the oversold range as well, trending upwards. This could lead to Bitcoin settling and potentially moving up from here, but it still has to pass multiple short-term lines of resistance to continue its uptrend.

Bitcoin is attempting to settle and even developed a buy signal on Marketcipher on the 4hr candles. The MFI is also bordering the oversold range as well, trending upwards. This could lead to Bitcoin settling and potentially moving up from here, but it still has to pass multiple short-term lines of resistance to continue its uptrend.

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