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Understanding of BTC counter-trend using trend line method - an easy to understand approach.
Firstly, it has breakout the yellow down trend line - that'll be the first good news.
Secondly, it has breakout the green down trend line - that'll increase the probability of reversal.
Finally, it needs to close above (1 day close) the orange horizontal line near $94k range for trend reversal.
#Bitcoin #BTC $BTC