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$BTC Bitcoin still respecting rising Channel... Retrace?

Short
BYBIT:BTCUSD.P   BTCUSD Perpetual Contract
BTC price action is still respecting Rising Channel!
Current Price: $39700

Price action needs to remain supported by rising channel for higher prices: 40900 Else

#BTC breaking down from channel will retest these previous supports: 38500, 37900,36500, 35500

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