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Topic: Is momentum from bears is weakneing now as BTC breaks above 12K? - page 2. (Read 279 times)

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Yeah, BTC breaks above 12K today, though I don't buy it when it' around 10K, I don't regret it since I'm not quite so sure if price has touched the real bottom, whnt do you think?

Also, today I brought an original analysis from a Chinese analyst Kuang Ren, you're free to leave your comments below:

BTC:
As you can see, lower end of the range is around $13,000, which seems difficult to be broken though we’ve seen an expansion in volumes.

Such wave of uptrend opens a window for us to dump chips after a sharp dip with expanding volumes.

Do Not chase high as we’ve seen no signs of weakening momentum from bears. Decision on further operation can be made when price re-tests the bottom.

Original by Kuang Ren, translated and posted by AICoin Jami. You can find the real-time price information and news here: https://www.aicoin.net.cn/chart/D331D4E2
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