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BTC breaks out of one of the downtrends

By CIpher2k
Updated
BTC just broke out of one of the major downtrend channels. Let us see if this break out will be sustainable.

Here is the daily chart for an overview:
snapshot
Note
BTC is testing the resistance (now support) from the major downtrend.

snapshot
Note
Another update:
snapshot
Trend Analysis
CIpher2k

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