Bitcoin has been falling since 20K ATH coming back to this uptrend channel that has been here for more than 3 years. Right now it is testing the bottom of the uptrend channel. If we bounce here we might start another short term uptrend to test at least the top of this channel(7000$-7500$) but if we break down we might see Bitcoin falling hard to 3K-3.6K level.
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3.6K hit. Let's see what's next.
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If you didin't see yet. Here is my last idea: