Hi friends, I m sharing a btc movement and correction With Chart
7500 Break Out Didn't Happen, And Here We are Again on a Small Market Correction...!!
BTC Needs to Stay Above 7000-7100 for The Big Leg Up Again...‼
We Don't Wanna See BTC Below 7000 Now. Although We Have Fairly Good Volume for a Pickup Again, This Volume Shouldn't Go Down Either 👀
BTC Has Formed a Rising Wedge on The Hourly Chart, That's Why This Little Market Correction Happened
See This Chart Here
![IMG_20180719_215628.jpg]
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Also One More Important Thing To Watch Here is BTC Dominance
Which Has Been Increasing Drastically After This ETF is Getting Hyped Up
Currently Sitting at 43.7%
All FOMO is Coming into BTC Market and Dominance Increasing Day by Day
If This Dominance Goes Above 45% Then ALTS Market Will Bleed Hard like Last Year November - December Time
So Keep Eyes on BTC Dominance Too
Those Who Don't Know How to See BTC Dominance
Go to coinmarketcap.com there on the Top You will See BTC Dominance Option
If you have any questions plz comment
If you feel that you like this blogs than upvote me so that I will get motivate . I will make more such type blogs and many more information
Thanks for viewing this article
Rajendra Kumawat
Cripto adviser
very good article , keep it
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Thanks bro
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Thanku so much
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Bitcoin (BTC) has been in a clear consolidation mode since the conclusion of Tuesday's rally, but the daily bias remains bullish. Price is sitting comfortably above the inverse head-and-shoulders neckline ($7,838) and three of the four important exponential moving averages (EMAs) are trending positively – maintaining the bullish view.
A bullish rally will not be an easy feat however since heavy resistance lies in the $7,600-$7,800 range.
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