
Lark Davis|Aug 08, 2025 10:56
Bitcoin third rejection on the this downtrend line. Major US news was not enough to spark a major rally yet, but we are moving in the right direction.
20 day EMA is around 115,000, place to watch for relonging, or wait for the breakout of the downtrend line and go long at 117,800, a move that could take us up to the previous high at 123k or even new highs.
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