Bitcoin has formed an expanding channel, indicating a potential bearish breakout. Despite this, the current price of Bitcoin remains above the crucial level identified. Should Bitcoin experience a bearish breakout at the highlighted key level in the coming days, it may signal a continuation of the bearish trend, confirming the breakout.
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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.