Bitcoin Bounces From $50000 Resistance

Posted bythengt8rPosted inSignalTags:, , , , , , , , , , , , , , , , , , , , , , , ,

Bitcoin has bounced from key resistance at the 50,000 USD mark. Technically the RSI is showing bearish divergence and the 50/200 day moving averages are in a bearish cross, however price is trading above both averages.

BTCUSD

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