Bitcoin continues its movement within the previously discussed scenario. During the past day, sellers attempted to break the local low but failed. The initiative temporarily shifted to buyers, and the price began to rise.
This likely marks the beginning of a corrective formation taking the shape of a simple zigzag. In the coming trading days, we should see a moderate upward move. The possible trajectory is indicated on the provided chart.
It is advisable to cautiously consider entering long positions with modest targets.
The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
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