Based on our previous scrutiny of the converging trend lines BTC was trading in, it seemed as if bearish trend was going to resume on a breach. However, upon a more extensive research and analysis, I've updated the support trend line to reflect the new price bounce.
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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.