Bitcoin Bull Market Support Band Update

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Given the recent move by the price of Bitcoin and the importance of the bull market support band, I thought it would be prudent to provide an update on where we currently stand, now that we just closed a weekly candle. The 20W SMA continues to slightly move up, while the 21W EMA continues to move down. Will Bitcoin make a run at bull market support band this week? If the price of Bitcoin does continue to appreciate, can it break these critical resistance areas? Let me know where you think the price of Bitcoin is headed in the comments!

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Disclaimer: The information presented within this video is NOT financial advice.

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