The trend line $BTC is somewhat subjective, depending on different cycles and perspectives. We can see that this convergence rising triangle on the daily level has indeed shown a high probability of breaking down as previously mentioned. Before reclaiming the triangle area, a high position is dominant. Looking at larger weekly or monthly cycles, BTC has been following a divergent rising trend since the beginning of 2023, which can be described as bullish. Bitcoin has remained very healthy, and even if it corrects to around 80k in November or December, it is still within this divergent channel. What we refer to as bull and bear markets are merely the alternation of peaks and troughs within a larger cycle. Bitcoin's value storage has never ceased!
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