Technically being still in a downtrend channel, bitcoin price shows signs of struggle. Volume is higher, bulls are fighting hard. However, the longer bitcoin stays around 6.5k, the more likely it will drop deeper. Also, daily RSI showed very sharp drop and close to the lowest levels.
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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.