Looks like bitcoin will down trend some more and bounce off of the outward down trending channel. Then it will start heading up. What I see essentially is higher low. And most likely will bounce above the previous lowest which was $5900. So will bounce between $6000-$6500 and will head up again.
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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.