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Bitcoin (BTC) Price Prediction: Tightening Range Signals Imminent Breakout as Downtrend Hits Ascending Support

As Bitcoin continues to fall or chop sideways it is still respecting a major ascending trendline in play since October 2023. At the same time, the downtrend is still intact and is forcing the $BTC price lower. As these trendlines converge will Bitcoin break up or down?

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