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When price is trending down, traders and investors usually ask two fundamental questions:
1) Is it signaling further downside?
2) What level is required to regain full strength and head back toward the recent ATH?
#1 has already been covered in my updates since late March.
Now it’s time to focus on #2.
The key levels to watch for renewed strength sit near $87K.
These are purely educational technical observations only. This is not financial advice. All trading and investment decisions are the sole responsibility of the reader.
#BTC #Bitcoin #TechnicalAnalysis $BTC