Good morning, Alkalites! BTC is trading within an ascending channel near the 31K macro support. The fundamentals and technical aspects have turned into bullish sentiment. Furthermore, exchange balances are drowning at the same levels as when Bitcoin was trading near its ATH. We may see Bitcoin rebound from these levels if we do not receive more FUD.
However, some speculative technical methods are suggesting that Bitcoin development is weakening, so we may find a nice entry to add more positions to our open swing purchases.
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