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Bitcoin - the continuation of growth as long as it stays above 77.3K. Main scenario: growth continues. The MACD indicator is positive, ongoing movement / possible correction. Price is trading above its 20 and 50 EMA. Open interest is increasing, futures volume and spot volume have decreased, after hitting the high, likely partial profit-taking and short covering. As long as the price remains above the 77.3 zone, a continuation of growth toward the 80K zone is probable.
Fear & Greed: ~45 (neutral-greed).
What to watch: reaction to the 77.3K level and consolidation above 78.5K on spot volumes.
Alternative scenario - a support break will send the price to 76K.
$BTC