Summary:
Quick Update here: Bitcoin price is now testing the major support trendline as we speak. we have to see if the trendline holds this time, We need to see this 4 hr candle close which a bullwick if its broken and price bounce hard from it to get some confidence the trendline support. Downward channel has been playing perfectly for the last few weeks. If this trendline doesn't hold, the downside target zone is 6k to 5k.
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Disclaimer:
I am not a financial advisor, nor the information posted in this article is a financial advice. The information in this article is my personal opinion and is not recommended to make any investment transactions based on it. I do not take any responsibility for the investments made based on my analysis.
