BTC fractal you should keep an eye on

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Bitcoin is consolidating and seems like we saw something similar back in June of this year.

However, it will be tough to play this one out, because we are below the 200-Day MA. 200-Day MA is key for the bullish case. Until we reclaim it, things are looking bearish from the TA perspective. Note that NEVER in a Bull market we spent so much time below the 200-Day MA.

Give us your opinion on this fractal in the comments!



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Not
The price goes exactly like we pointed out with arrows!
Points number 7, 8 and 9 are successfully reached!
Bitcoin (Cryptocurrency)BTCBTCUSDTrend Analysis

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