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Assessment: Bitcoin continues to struggle with the 200 SMA.
Bitcoin chart: https://sblk.io/s/e3rvuXuRcJU0dtEa
Broader markets have been very quiet, although some volume actually showed up on Thursday and brought the selling. Whenever there is selling we get volume…otherwise it is a low volume slow bullish climb higher. Today we have a complete reversal of yesterday’s selling, the volume pace is low and usually dies out around 12pm ET on Fridays.
Good luck in your trades!