Analysis.

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But if it fails to rebound here, I'm sure it will go down without mercy if it goes down the bottom of the wedge and channel.

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ملاحظة

Even if Bitcoin goes up here, there are too many resistances such as weekly 20MA resistance, channel interruption resistance, and resistance to trend lines that continued at 69K.

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ملاحظة

In conclusion, it is possible to rebound in the short term, but it will not be that big and it could be another opportunity to build a short position.