Bitcoin is currently moving in this channel, a break below should take its price to $48,000-$49,000, if this hold and act as support its good for the bull, since holding above the 50k level if very much good.
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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.