its_maxbro

$BTC: 200 ema on the 4 hour = Potential repeat?

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COINBASE:BTCUSD   Bitcoin
I love the 4 hour chart. Last time bitcoin fought back above the 200 ema and then retested it and successfully closed above? We saw a pretty nice run. I get the sense that this $BTC pa is just some coiling of the spring, a consolidation of momentum as we load up for the next run. Obviously things can go south from here for sure. I wouldn't be surprised to see a second break below, and another "double bottom" style pattern form. But if this 200 holds, we might see some nice push to up around 70k.

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