BitCoin as the oldest cryptocurrency has won the largest group of investors. It has become more technical in recent times. You can better predict the direction using technical analysis. Currently, BitCoin is in the correction phase after the strong breakout on January 29. You can see that someone made a big purchase and then part of the price was broken, stopping near the designated line drawn over the last peaks. At the moment, we can expect further increases. The volume is increasing very slowly. In the event of a sales volume that breaks the formation, you should consider closing long positions.
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2021-02-01