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Dr. Crypto (冥王星)
$BTC The 50 EMA reclaim might not be as bullish as it looks.
a lot of traders treat a daily close back above the 50 EMA as a bullish signal.
but historical data tells a different story: over the following 60 days, average returns have actually been negative, with the median around -3.7%.
so I’m not taking the reclaim as confirmation by itself.
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