It was worth to note the current backup action is the resistance level followed by a backup action BU testing of supply, which was considered where the previous resistance-turned-support.
Moreover, it clearly shows that it is expected to show a bullish trend in the upcoming days. The analysis was divided into periods of months and how the trading price got impacted in each period. During this phase, Bitcoin entered the Descending Channel Pattern, displaying a four-phase Wyckoff structure on the daily timeframe. TKYO
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