The chart looks low confidence bullish. This looks like the chart that just goes straight up after you press play on a tradingview idea.
From a fundamental standpoint, I think BTC will still get a bid from ETFs, from countries, etc.
From a technical standpoint, we are near a bid cluster. This doesn't mean we cannot break down, but this is starting to look okay (lower confidence bullish pattern recognition).
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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.