bearish trend line is being hit rapidly, this should be a signal that its about to break down. next bounce from 45.5k has a good chance of breaking it. but its highly recommended to put stop loss at your entry after price bounced upward, as another rejection from bearish trend can send the btc to 40-42k level
Note
broke out of bearish trend, expecting it to hit 50k
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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.