Now the final step required by the Bitcoin to confirm the uptrend and this is to close above $8650 level. It is important that the price will close on a and better on a Weekly. Therefore a weekly close above $8650 should be a long waiting confirmation of the uptrend.
On a downside, break below the $5900 will most likely send price lower to $4000-3800 area and the $7555 support has to be watched for a break below.
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