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$BTC is still in a lower time frame downtrend since May 10.
To shift bullish again, Bitcoin needs to reclaim $78,400 and ideally break back above $80,000.
The market is heavily news-driven right now.
We’re seeing some positive headlines coming out of the Middle East, but we’ve seen sentiment shifts like this before.
The next few days will be important.
A confirmed deal could send Bitcoin back above $80,000 very quickly.