Bitcoin is moving inside a descending channel, with price testing the lower boundary again. The structure shows repeated swings between the channel levels, indicating short-term range behavior. A reaction from the lower zone could lead to a move toward the mid or upper range if momentum improves.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
