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Bitcoin continues to break below support, dropping to around 70,700. Although there was a slight rebound yesterday, it remains very weak, and it did not reach the upper resistance levels. As long as there are no signs of a trend reversal in the larger structure, the strategy remains to wait for a rebound to sell high and buy low as a secondary approach!
Bitcoin strategy as follows 🔽
#Is the current market bottoming out or just observing?