🔴🔴 $BTC Another Dump Coming? 𝐁𝐢𝐭𝐜𝐨𝐢𝐧 𝐃𝐚𝐢𝐥𝐲 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬 🔴🔴

Bitcoin is currently trading above the ascending trendline (dashed line) showing a consistent support level where Bitcoin has previously bounced back. Currently, the price appears to be close to this support trendline, suggesting a potential bounce.

If the price bounces from the support trendline and breaks above the $72,500 resistance level, it could signal a continuation of the upward trend and potentially lead to higher price levels.

Conversely, If the price breaks below the support trendline, it might indicate a potential trend reversal or further downside movement.

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