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BTC Trending Towards the White Trendline

There has been 3 consecutive red weekly candles for $BTC, and I think the price is slowly trending towards the white trendline that was discussed a few weeks ago. The price action has been neutral, trading within a range between the yellow and white trendlines. However, I would monitor for any wicks or dips below the white trendline for the best entry, which would put us around $59k price levels. For now the price is holding up pretty well, and the Bitcoin halving is just a few short days away.

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