The Bitcoin price chart is very close to the midline of Andrew's fork. According to the second law of Andrews fork, the price after reaching the midline in most cases loses its energy and forms a pivot, and tends to return to the LMLH line (in the uptrend).
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Disclaimer
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.