As shown on the chart, BTC has set a higher low formation. In order to confirm this bullish trend, a higher high should be set (Elliot Wave theory). Current high sits at 45.9, so breaking that level is key for uptrend continuation. Untill proven otherwise, BTC has a bearish bias. NFA.
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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.