Peace,
Good day to you content creators,
Bitcoin (BTC) chart was describing an important increase in value for the past 2 months when I analyzed the 24 hours candles.
The value of the token has been moving down for a long time, but prices are showing signs of correction and slow-down on the way toward the creation of a new resistant line at around $18932 USD. The present price of BTC is set at $19590 USD. The moving average curves haven't crossed one time since the latest breakaway. The price stabilization is expected to happen on the current course for the next couple of days. In any case, the situation should be under regular monitoring, besides it is wise to hold your bag of tokens or convert part of your gain into a stable coin BUSD or DAI.
It is important to never invest more than you can afford to lose. The opinions given in this article are only for educational purposes. Please I strongly stress the point of conducting your full detailed research on the crypto you are targetting before any action in this volatile market.
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