Fortunately, bitcoin has stabilized somewhat and is now facing some positive outlook.
Chart analysis:
Here, the bitcoin trend has formed an ascending triangle pattern, and at the same time the trend has hit the support zone and the floor of its large channel, so it is expected that with its strong support it can climb and even break the triangle roof and get ready again. To reach about $ 65,000.
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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.