Morning Bitcoin Analysis



Bitcoin fell from a high of 72,876 last night and briefly dipped to around 70,422 this morning. In the short term, it is testing the bottom of the downtrend channel and rebounding. This morning, the short-term outlook is for a rebound, and it can be bought at higher levels.

Suggestions:
Buy around 70,000-70,500, watch for 72,500-73,000, and consider taking profit at 70,150#BTC $BTC
BTC-1,31%
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