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Bitcoin (BTC) traders see its ultimate support trendline coming into play as part of a new macro BTC price bottom.
Key points:
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Bitcoin is nearing a long-term trendline retest for the first time since late 2023.
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Weekly moving averages are on the radar as a BTC price safety net should the market fall again.
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Market outlooks place emphasis on trader resilience despite a 40% drawdown.
BTC 200-week trend line “should be the bottom”
The latest analysis increasingly expects Bitcoin to test its 200-week…
