Strong breakout above the trend line. I honestly thought there was a higher probability of breaking down first. I would expect at least a retrace back to it before a bounce. Bear Market for Bitcoin isn't confirmed for me until we close multiple candles under the 50 Weekly EMA.
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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.