Bitcoin's Key Trendline

This article explores the significance of a long-standing trendline in Bitcoin's price history, dating back to 2013. The trendline has acted as both resistance and support, marking major market turning points. The article analyses Bitcoin's current position near the trendline, suggesting that a break above it could indicate a bullish phase, while failure to reclaim it might lead to further bearish pressure. The article also examines historical market cycles and key price levels to watch, concluding that Bitcoin's interaction with the trendline is crucial for understanding its future market direction.
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