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$BTC July 24 Bitcoin Price Trend Analysis
In this bear-market adjustment cycle, the bottom is in the 6–5W range;
On the smaller structure, it appears to be an uptrend continuation structure. After the consolidation is complete, it should continue rising—set up long positions in batches.
On the smaller timeframe, it mainly follows the yellow route. Only if it breaks below 64,000 will there be a possibility of a red route.
Risk warning: This is only an analysis of market structure and does not constitute any trading advice
#btc #Bitcoin Price Trend Analysis