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In an upward move, shorts may step in!
Another analyst, DaanCrypto Trades, warns that BTC will be shorted in case of a sudden break. Because it is possible that this situation may be the beginning of a further rise. One analyst comments: "I will say that with BTC sitting at this massive $28K level with the Daily/Weekly 200MA, I personally am not too keen on shorting any divergence above. In the past, we have often seen a week at such points." We saw the final breakout, which tended not to pull back as easily as it normally would.
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