If Bitcoin breaks this long term trendline (red) I will change my bias and go long but for now I don't see any point going against resistance. We haven't experienced correction since the big drop in March. I'm still expecting one more big drop before we rally to break this trendline end of this year or maybe next year to hit ath, this is a long game and whales are not in a mood to rush. Bear market shakes out retail out but they still come back when they see green candles. For now I'm seeing lots of bullish tweets from big crypto accounts and that gives me enough confidence that its just a trap.
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