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Bitcoin to Retest Recent Low

The negative structure continues with Bitcoin making lower highs and lower lows. Recently, Bitcoin made a new lower high, so highly likely Bitcoin will retest the recent low. It will be interesting to see where the price will move from there, with a possible large level breaking down, or the level will hold there, and possible reversal to upside will occur.
Chart PatternsTechnical IndicatorsTrend Analysis

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