Bitcoin isĀ  approaching the 3135 low and has broken its long-term trend channel. Whether it holds the low or not will shape our view going forward. Our main chart shows what should happen if a new low is made i.e. a large bounce to re-test the channel around 10350 before a large decline. If it can hold the low then we can still look for new highs and the NDX fractal will remain in play.
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