Bitcoin Has broken its Parabolic Trend
Bitcoin has broken the parabolic trend, Blue Line, it established back in November 2023. This trend is quite significant. In my opinion, at a minimum, we test this trend before correcting deeper to the 38k region. If we can re-establish this trend as support, then it's possible we continue up the 51k region.
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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.