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#TradingStrategiesInChoppyMarkets
Bitcoin, after breaking out of the upward channel, got stuck again in a sideways range and couldn't break above 79,000, while it is not allowed to go below 77,000.
At the same time, the rise was more related to shaking out short-sellers than strong inflows into the market.
We observe that, as something is brewing again in the East, the market could be dumped again overnight from Saturday to Sunday.