The chart still looks bearish to me and I have been expecting a double bottom. But few things or let's say catalysts have already occurred , The fed meeting has already happened & markets look to be digesting the Powell speech. Also the fear trade was set up prior to the meeting, meaning BTC crashed to $42k was last week. So would make sense to buy the news here since we sold the rumor.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.