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#BTC weekly close we are tracking made below 60k. In this case, rallies are considered corrections of the decline.
If it stays above the 67500 level on the rise, it will be a signal that the rise will continue.
Looking at the last decline wave, 4-hour closes above 61980 may start turning the market positive.
When it stays below 60k again, the decline may continue towards the 49-50k supports.