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BTC is currently trading sideways. The downward attempt on May 17th appears to have been limited to the $77,700 level. The RSI and other momentum indicators are close to the neutral zone, suggesting the market is waiting for a high-volume breakout to determine a new direction.
Note: Unless hourly closes above $78,500 occur, small pullbacks towards the $77,500 - $78,000 region can be considered normal.
This is not investment advice.