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Breakout or Fakeout?

jrcornel - 2024-06-30 19:20:21

Bitcoin moving above the downtrend line


Is this a real breakout or just a fake out?


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(Source: https://x.com/Ashcryptoreal/status/1807366122129264679/photo/1)


Looks like it could be real as long as this price holds today and tomorrow.