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Bitcoin Fibonacci and Trend Analysis

BYBIT:BTCUSDT   BTCUSDT SPOT
Bitcoin is currently in a sideways market as it hits 0.5 and 0.786 twice in the last 30 days. The trend line from June to this year March has been acting as support and must perpetuate to prevent a potential bear market. BTC needs to break out above the 0.5 fib level to stay bullish.
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