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LLD is still hanging above the zero line, which suggests the bulls are still clinging to the $60k line—but if it truly breaks below zero, then the momentum will go completely off the rails. BTC is now at the crossroads of greatness and disaster.
LLD is dropping, yet remains positive.
This indicates longs are still protecting the 60-62k range, for now.
However, if LLD breaks even, it usually signals a shift in momentum.
Bitcoin is yet again on the edge of greatness, or disaster...