Bitcoin

Next low & High are crucial for bitcoin

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On the weekly time frame, bitcoin is still forming lower lows & lower highs. All other time frames are representing that we are out of the bear trend & that we are now forming higher highs & higher lows.

Over the coming weeks, if the next low can manage to stay above ~6800 level & the next high can mange to get above ~11800, I would be confident the trend is after changing & I would also anticipate more buyers coming into the market.

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