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Is Crypto Season Back Now? - Action Forex

Bitcoin has had an interesting couple of weeks, with a remarkable, bullish recovery. However, BTCUSD is struggling to keep up the bull run due to selling pressure from the supply zone, as highlighted in the chart. The rally-base-drop supply zone is expected to yield some bearish pressure, potentially derailing the bullish intent. Here’s my take; wait to see a clear rejection from this supply zone from the Daily timeframe before proceeding to take a position on the commodity.
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