source avatarSykodelic 🔪

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This range is already different. At this stage in the last range, 63 days in, Bitcoin had lost its rising trend + 50EMA, and was making local lower highs. Right now, we have deviated below the rising trend, reclaimed, and pushed back above the 50EMA after throwback. Its pretty clean stuff. These are pretty staggering differences... and Bitcoin has done this with the whole conflict situation ongoing. We're not out of the woods yet though. Bitcoin is still in a position to reject to lower levels in this range... And we need to get a close above $72,500 to see the peak range highs at $76,000. Reject hard here and $69,500 and $68,000 back on the cards first. My money is on moving higher though.

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