If bitcoin fails to break the 45k price range, we could see a fake out of the trend line and the following scenario is a possibility. No one can tell what direction the market will take. The best thing to do, is to wait for a break out before taking a long position. Bitcoin still remains in a downtrend unless we broke above the 45k range.
This is shouldn't be considered advise in any form whatsoever.
Bitcoin (Cryptocurrency)BTCChart PatternsCryptocurrencycryptotradingFundamental AnalysisTrend Analysis

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