BTC Analysis 27 May 22

 05/26/2022 

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- Market Analysis

May 26, 2021

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🐠TECHNICAL (4H)

BTC's short term price action has turned slightly bearish wit our latest move towards #28,800 which could see lower levels in the next 24 hours if ht bears manage to build stronger momentum. Our short term range remains intact, meaning that we have yet to see a mid term breakout of breakdown confirmation.


🐠SENTIMENT

Sentiment is currently neutral on the mid term, after more than 2 weeks in the same tight range without any sign of a relevant break up or down. With no inclination for now, we'll be waiting to see a short term confirmation and an increase in either bullish or bearish momentum before confirming.

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