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Bitcoin Trend Analytics June 24th - congestion formed

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BTC is still in the downward channel.

It has entered a small congestion box. This movement could form a similar box around 3k last month.

The congestion range is between $18999.63~$22700.44

Breaking up and holding $22700.44 for 3 days will enlarge the congestion range up higher. And consequently, it’ll be favorable to seek the bottom: rally; fall back; consolidate…

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