$BTC Viewpoint:


Bitcoin had a false breakout below the 61,549 support level before breaking through the triangle.
After the false breakout, it immediately recovered back above the 61,549 support and continued to move upward.
This kind of movement is designed to trap the bears; even if you chase the short and get stopped out, it's a probabilistic stop loss, so don't take it to heart.
Subsequently, it started to rebound and broke through the triangle, attempting to break the resistance at 64,851 above, but was not successful.
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