Bitcoin

Bitcoin analysis: Wait for a bullish sign

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Hi traders,

As you can see, Bitcoin has slightly bounced after it entered the demand zone yesterday. However, whoever is considering entering the market, it's still not the right time as we haven't seen any commitments. Yesterday's bounce created a lower high, and a small bearish move resumed today.

Downtrend breakout will be the first sign to look for, best of luck!

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