As we mentioned a couple days ago, there is a big test for the price of #Bitcoin ongoing. Namely, we would like to see the price of #Bitcoin rally above the 200D SMA, which #Bitcoin was unable to do in 2018. Failure to accomplish this could put us in the same boat we were previously in. Let us watch the $48.3k level to see if #Bitcoin can achieve a sustained move higher!
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Disclaimer: The information presented within this video is NOT financial advice.