As we saw days ago Bitcoin broke an important long resistance (from September) which is at the same time a neckline break for double bottom pattern, this turned the trend to bullish , at least for the short term. what we are seeing now is a pullback visit to the support level. Bitcoin has to stay above it to confirm the continuation of 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.