Bitcoin (BTC) is an interesting point. The price has just found a strong resistance at the 21 Week EMA shown on the BTC/USD weekly chart above, but it has also found a strong support at the 21 Day EMA. What does this mean for Bitcoin (BTC)? If both of these 21 EMA resistance and support hold strong for the weeks ahead, this means that Bitcoin (BTC) will enter a phase of consolidation before its next move.
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