Bitcoin bulls look to $26,000 reclaim as BTC price strength recovers from three-month lows.
on Sept. 12, he flagged a local dominance downtrend being tested — something which last occurred in mid-June and sparked over $7,000 in gains over two weeks.
“Five days after BTC dominance broke its local downtrend, price followed suit with the next impulsive leg which was a $7,000 move,” part of accompanying comments read. “With bullish market structure intact on BTC, 24.8k held, and BTC dominance breaking out, I think there is a decent argument to be made that our next impulse is just around the corner.”This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
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