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BTC Market Analysis: Bearish Overall Trend #btc
Daily Level: As expected, it reached the SMA120, but then played a trick of pushing upward. The close this morning just happened to be near that level. Let's see if it can hold steady over the weekend. If it does, there’s a chance to break through the SMA200, which is at 86,769. As for smaller timeframes, I won’t analyze them; let’s wait and see how things develop.