Two ways to look at it.
In the last post 12h chart was not looking very good. But currently we are in an uptrend with a symmetrical triangle breakout (currently retesting). We are probably seeing BTC come down to it's fair value (Anchored VWAP mean reversion). Always have two scenarios in place.
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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.