Bitcoin is ready to Fly ... or not?

Bitcoin has reached the lower bondaries of the uptrend channel and it's rejecting it. If no negative news is released in the comming days, it is ready to go at least to the upper boundaries of the channel. We might see as a result a new all time high.

On the other hand, if the trendline is broken, we might see a retracement to 64,500 price level
which is the FVG shown on the chart.
Trend Analysis

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