BTC/USDT has been forming a bull flag over the past 200 days, moving sideways. During this time, it has recovered from the trendline support up to 4 times and has faced rejection from the trendline resistance on 3 previous occasions. Currently, the market is trading near its trendline resistance, which is around the 68k price range. This creates a lot of uncertainty about how the market might react to this trendline resistance. To understand the market's next possible movement, we need to closely monitor this trendline resistance.
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