The primary cryptocurrency has slightly recovered in the last few days and was able to reclaim the $20K level. This area is the previous 2017 ATH and acts as a psychologically significant support price level, which can potentially trigger a short-term relief rally.
Technical and on-chain analysis by Shayan
The Daily Chart
Bitcoin has been forming lower lows and lower highs during the past few months, which can be witnessed by the following mid-term yellow descending…
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