BTCUSD and the rest of the crypto market seem to be stabilizing from the recent correction. Further declines don't seem likely as market sentiment remains positive. BTC has remained in its current channel for some time now, but the channel will close in the next few days leaving only two options - a drop down to $9,000 or the more likely scenario, it makes a run to $13,000
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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.