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Bitcoin’s Had an Important Rebound Over the Weekend!

$BTC was in a downtrend with two red weekly candles, but last week BTC had an important rebound that flipped the yellow resistance line into support. Although bears sent the price below the yellow resistance line, there was a bullish rebound and BTC closed the week above the yellow line. I think there is a lot of bullish momentum still and bears should be concerned here.

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