Bitcoin About To Break Uptrend đš
What happened to the perfect start in the new week? Yesterday morning, we were about to rip the 70k, and 30 hours later, Bitcoin is about to break below a trendline.
The trend line shows the uptrend Bitcoin initiated at the beginning of July. Certainly, this is not the most crucial trend line. However, a break and close below can certainly trigger more downside potential.
So far, every drop below has been recovered quickly. Therefore, I remain positive and hope BTC will bounce from here and continue its upward trend.