Bitcoin still moving sideways. After it failed to hold above $11500, it's floating in the middle of the big channel between 12K and 10.8k.
Currently bitcoin tries to make a retest of the $11500 zone. Things are simple here.If Bitcoin fails to break through 11.5k, then it will be a bearish retest. Otherwise, we will test 12k again. Short-term bearish bias here a bit more favorable, but it can changes quickly.
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