Bitcoin Price Bottomed on Macro Scale? Saturday’s Close Implies So
With the debate raging over if Bitcoin (BTC) truly set a bottom at $6,700, an analyst recently tried to set the record straight, issuing the tweet below after Saturday’s candle close.
In it, a popular cryptocurrency analyst that goes by “Salsa” noted that Bitcoin and Ethereum’s three-day charts printed the same extremely bullish candle pattern: a swing failure pattern “below major liquidity pools on the three-day time frame.” He noted that this contributes to
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