Bitcoin stands at the 20-day EMA
Unexpectedly, what helped Bitcoin break through the strong resistance of the 20-day average was actually a bullet![]()
The German government has also sold out, and Bitcoin is likely to strengthen.
As for Mentougou, unlike the government, the German government has to sell it for policy reasons. But the holders of Mentougou are investors. If they are currently bullish, even if they have already made a lot of money, why should they sell it? What's more, people who invested in Bitcoin ten years ago probably know Bitcoin better than any of us.
I'm bullish and currently have open positions. The volume of trading was not active on the weekend, so let's see how the Monday market is going.
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