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Looking at BTC on the daily chart

we see price is moving downward within this channel. Buyers are currently unable to make a sustained break through of the ~$62,000 resistance level.

If price continues its downward movement

I will be looking for opportunities within the marked potential buy zone.

If price breaks above the channel

I will wait for confirmation to go long for a short-term move upwards until further data is available.

What are your thoughts on Bitcoin?

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