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BTC trend analysis
*Not financial advice just an idea*
The previous drawdown of ~50% looks like a textbook intermediate trend, with the continuation of the primary breaking the ATH. A potential scenario could involve the formation of a new primary trend, and possibly the signal the start of a new bear market.
The previous drawdown of ~50% looks like a textbook intermediate trend, with the continuation of the primary breaking the ATH. A potential scenario could involve the formation of a new primary trend, and possibly the signal the start of a new bear market.
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