What is the next move of Bitcoin ?

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* Bitcoin in 2H time frame is moving in a channel pattern between two trend-line forming the higher-highs and higher-lows, where the upper trend-line is working as resistance for the price and below trend-line as support.
* Every-time the price moves to break the either of the trend-line it bounces back.
* The 200 EMA which was moving above the price is now below the price as support.
* In order to continue the uptrend Bitcoin needs to move within the pattern or should break the upper trend-line.
* Bitcoin is bearish below the lower trend-line.

Penafian

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