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MoritzBruckner
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BTC: Unsustainable and potentially dangerous bear market rally
BTCUSD
, 1DShort
BTCUSD: BTC: Unsustainable and potentially dangerous bear market rally

While for bulls surely a welcome change to the pain experienced for the past year, the current upside seen in Bitcoin and other cryptocurrency assets is likely to not be a sustainable change into a greater bullish trend. We find the price overextended, a healthy pullback has not occured. The asset is below its Volume Weighted Average Price. Periodic volume...

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