Bitcoin has dropped out of the channel it has been trading in for the last few weeks. If this support fails we could easily fall back into the high 30's. Larger timeframes are still looking very good but if we fall much further none of that will matter.
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Disclaimer
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.