What fakeout? Bitcoin keeps climbing with BTC hitting six-week highs.
thread for the daily BTC/USD chart June 28. It eyed the potential for Bitcoin to make a higher high next:
"All Trend Precognition signals printing Long on the D chart, plus the 21-DMA and the 50-DMA unwinding. If BTC can make a HH there is little friction to the next HH, and then the macro channel comes into range YES, this is still a bear market rally." Material Indicators added that $25,000 would also be a key price level to watch should the higher high at $24,300 hold for a daily close.
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