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RE: Bitcoin Update: Key Areas to Watch
Just have to respect the analysis, with depth on each indicator, excellent work, fascinating to see price obey these principles. Aren't there too many positive things happening in the ecospace now that negate the bear's case? Even if it broke down, I believe it would be briefly, then resumption of a positive trend.
Thanks my friend. Unfortunately, the bearish scenario is still on the table...but it's looking less and less likely. If it breaks down, my guess is it'll find support at the ascending support line. Even if that breaks, there's strong support at $6,815.