Bitcoin follows trend analysis quite well compared to forex even though bitcoin is much more vulnerable. BTC fork was canceled at an almost perfect time as we can see from MACD that BTC was overbought. BTC might bounce of the 21day moving average such as in the past however I see a healthy pull back to atleast the 50% fibo retracement.
For a more interactive view of the chart follow this link: https://www.tradingview.com/chart/BTCUSD/TEHFo7Jg-BITCOIN-almost-perfect-pullback/
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