
Bitcoin Price Analysis Strong Rally Tests Trend-Changing Behavior
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n nn nn In a potentially trend-changing move, bitcoin has now managed establish its first higher low since the beginning of this years crypto bear market. In mid-June, after seeing a short-lived bounce from this years low in the upper $5,000s, the bitcoin market took a very harsh, unrelenting move that dropped the price from the mid $8000s to the $5900s. After such a strong move, the market managed to stabilize just above its previous lowFigure 1 BTC-USD, Daily Ca
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