Lowering recent (red) and the major are forming grand formation.
After two consequent breakup attempts, the price kept always returning inside the major uptrend pattern.
is demonstrating strong support for BTC higher low on both H4 and Daily timeframes.
Interestingly, the amount of short positions is showing clear divergence:
The breakup above the indicated red line supported by solid increase, will ensure the validity of the grand and its possible targets.
To sum all of this up - there are definite signs that BTC does have the chance to change current downtrend to in the near future.
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