BITCOIN - Rise over❓ High Points, 1D Divergence, 2nd Halving

11 May 2020

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Bitcoin is on the verge of failing to retest for the first time.




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It is the bottom trend of Bitcoin's rise, so Must Protect!





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Now short-term Rebound, but it is a form of a turnaround and too much resistance.
If Bitcoin fails to rebound from its current position and falls, next $7,600 is a very good buying position.




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But if Bit falls once more, buying deals now have to take short-term profits.
Bitcoin trends have been confirmed to fall and are likely to accelerate after a major turnaround.
Currently, bitcoin rises and falls are accelerating and angles are steep.




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Bitcoin's Daily Divergences has not been good in the past.




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But Bit is true that the first of the big fall wave had quite a rebound.
If a turnaround begins as in the past, we must make a buying/selling position decision.




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Do not mistake that "3rd Halving" will be the same as 2nd.
Daily EMA forms are different.
Bitcoin to look the same, it takes a reasonable amount of time and strong buying.



Good luck! 🌈

11 May 2020

Not

RETEST