Resistance levels: $6,509, $6,543, $6,609
Support levels: $6,439, $6,356, $6,286
BTC/USD Medium-term Trend: Bullish
BTC is in a bullish trend on the medium-term outlook. The Bulls return to the BTC market was noticed on October 31, when a strong bullish engulfing candle, formed at the $6,208 price level below the support level of $6,286 closed above the 21-day EMA which act as a dynamic support and resistance. The market has been making “Higher Lows” (HL) and “Higher Highs” (HH) as one of the characteristics of an uptrend market. It was bullish yesterday at
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