Bitcoin Dives Out of Bullish Trendline

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From July 11 to early this week, bitcoin was on an uptrend and making higher lows. Now $BTC seems to have broken that bullish trend line. Chart of the Day explains, presented by cryptocom:

Bitcoin was on an uptrend from July 11 to early this week, making higher lows. Yet, BTC seems to have broken the trend line after it dipped below $23,500. “All About Bitcoin” host Lawrence Lewitinn breaks down the Chart of the Day.

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