Bitcoin looks very healthy, and it's very natural that after the rebound we might see 1 to 3 pullbacks before reaching our point of interest, or in this case, before it reaches our supply zone. It could even bounce back to our purple area, allowing us to make a more confident decision. Overall, Bitcoin is still fluctuating within a range of 56 to 73.
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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.