$63k lows held, now first 4H 200 SMA reclaim since BTC broke from $90K in Jan.
This is the first sign since then the downtrend may be pausing.
Real confirmation requires holding this (successful retest?) + eventually reclaiming $77-80K. Until then, it's a relief rally inside a larger bearish structure.
As always, I'm optimistic.


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The relative strength vs gold (which is giving back its war premium) and equities (still sliding) is arguably much more notable than any SMA cross here btw.
That's what will drive a narrative - BTC bouncing 14% from war lows while traditional safe havens falter.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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