July 5th BITCOIN analysis

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BITCOIN seems to be headed for another week of sideways action as it continues to be squeezed , between support and the 200EMA. The longer we move sideways, the more violent to break could potentially be when it comes. The picture looks more BEARISH than BULLISH but as has been seen frequently. BTC can move very aggressively and without much notice. Neutral outlook for the time being.


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