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Bitcoin - bullish or bearish, but read this first...

The Market Ear Picture

Bitcoin - what now?

Bitcoin has undergone a transformation, going from an exciting high volatility asset to being a boring asset stuck in a non trend cycle. The past two weeks have been one of the most boring BTC fortnights ever. Note the 50 day crossing the 200 day here (slightly bearish), but on the other hand the longer term trend line is around these levels.