This is the situation Bitcoin finds itself in. On the one hand there is a strong downtrend channel which we keep getting thrown into, but on the other hand there is uptrend support that we also keep being bounced back into. We're currently in the confluence of both of these features, so shits about to get real.
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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.