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Bitcoin’s sideways price action leads traders to focus on SHIB, UNI, MKR and XDC

Popular pseudonymous trader TechDev used the three-week timeframe to show that Bitcoin’s compression above the 20-period moving average was approaching values seen only four times since Bitcoin’s creation. Interestingly, on all three previous occasions, the expansions happened to the upside, suggesting that history favors the bulls.

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Source: Cryptocurrency - investing.com

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