Bitcoin is currency in a descending channel, and after the last W (Gartley) and retracement, price respected the resistance at the nose and is now in a slight uptrend towards the top of the channel.
This is a key area either for a breakout and path to 50k or a rejection to form the second leg of the M.
This is a key area either for a breakout and path to 50k or a rejection to form the second leg of the M.
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