obviously, bitcoin failed to enter its long-term channel (purple channel) and complete its bearish pullback. I expect the blue line to act as a support and a bounce from here to the red trend line. if it can break through the red trendline entering the purple channel is expected. if not, I expect bitcoin to have a mild bullish trend between the black trendline and the lower trendline of the purple channel.
may your life always be above Ichimoku's cloud :)
may your life always be above Ichimoku's cloud :)
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