๐ Is it time to rise?
Bitcoin shows strong signals of bouncing back from a strong support area at $49,700, with an increase in trading volume and a break above the 10-day average!
๐ Quick Analysis:
Current Support: 49,700 โ 50,000
Next Resistance: 53,200 then 56,000
The Relative Strength Index (RSI) shows oversold conditions = Entry opportunity?
๐ Do you expect to break the resistance? Or just a temporary bounce?
Share your opinion in the comments!
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