Telegram Trading

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Assessment: Not much going on in the financial markets today, so let’s look at Bitcoin.

We can see that BTC broke away from the $26K price magnet a couple days back, touched the $25K round number support and got sucked right back up to the $26K price magnet again. To me, it paints a picture that says a break of $25K, based on how price has behaved recently and how strong that round number $25K support has been, would be a material break and a red flag for bulls.

Bitcoin chart:

Good luck in your trades!