Short-term, Bitcoin is trying to shift its character.

Yes, we've been in a downtrend for the past 17 days.

That, in my opinion, doesn't invalidate the multi-quarter/year uptrend.

Even on a short-term basis, price has been more constructive over the past few days.

Bulls are trying to regain their control on this timeframe, but need to see more follow-through and conviction to really tighten their grip.

What does that mean?

More higher highs and higher lows.

Less lower lows and lower highs.

It's not complicated.

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