There are two ways to get Bitcoin out of the long-term downtrend. The first is the ascent of the bit from the same range and maintaining the blue ascending trend towards the 45 goals. The second is the drop of the bit to the middle range of the descending channel and the formation of an ascending pattern for exit.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.