The big blue line on the chart is the long term downtrend line from the $995 peak shortly after the ATH from the last bubble. I expect this line to stay intact for now, but as I've mentioned before, I think we're headed for a significant crossroads soon that will determine the long-term future of bitcoin . This pump appears to be somewhat more resilient than the last one, but it's still following a downward trend that could end in a panic sell rather quickly.
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