BTC has been moving in similar channels on the 4H and the current channel is moving between 38.2% (47.2K) and 23.6% (51.3K) Fib levels. Watching out for the price action at the 51.3K to determine whether this is a bull trap given that Sundays are not usually days of price increase. Could it be the effect of 1.9trillion stimuli bill? #bitcoin #cryptocurrency
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Trend Analysis

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