So as expected, it was a false breakout, the 1st one for BTC this halving based on this analysis. We have removed the ? mark on this yellow box area and replaced with a green flag confirming a false breakout.
The EMA 10 is now back above the MA 21 and BTC is trading above both as indicated by the purple down arrow. Also BTC is now trading above the green Gaussian Channel.
Read previous analysis for more information on where BTC is heading to.
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