Bitcoin / TetherUS

Pulling back to the broken ascending trendline

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In our previous analysis, we mentioned that we expected Bitcoin to touch its support level, and this indeed happened.
Bitcoin is currently trading between $67,000 and $71,000 and is pulling back to the broken ascending trendline. In our opinion, it's best to wait until Bitcoin breaks above $72,000 before expecting "strong" growth.
While the market is in this corrective wave, focus on scalping and small swing trading opportunities.
Avoid rushing into high-volume trades and make decisions with greater caution.

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