Welcome to PipEze daily BTC report.
A big 5% price drop yesterday probably gave some hodlers a headache. If you are a hodler, then grab some tablets as more price drop is on horizon. PipEze PMB signal line is on decline again and heading down. Trend line is located below zero, which is no good at all. Despite multiple attempts yesterday, to push price up, there were not enough buyers on the market to do so. Please notice that Bitcoin is inside RED danger zone, so opening any long position is risky. There is a real chance BTC price will fall to 45K level.
We have just got valid buy signal on 1D chart – signal line crossed trend line upwards.
Well done everyone.
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