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Bitcoin trend remains downward; potential retest of 59k-60k support level identified.

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There may be a buying opportunity here, moving up towards the peaks. But for now, the trend is still downward. It is very likely that this is a lower peak, and if we fail to hold here, I think we will finally drop to retest this area of trendline liquidity and this breaker that caused the weekly SFP pattern I was talking about, i.e., the 59,000 to 60,000 area again. We have been talking about this same level for about two months now, because this is when it was formed. This pattern has been forming since June , and we are now approaching mid-August. So, this is what I'm currently monitoring regarding Bitcoin.
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