Bitcoin Still Trading in Bullish Channel Despite Price Support Break: Analysts

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Mumbai-based crypto asset administration firm, MintingM, mentioned that the cryptocurrency continues to be in a transparent uptrend, making larger highs and better lows on the day by day time-frame. As seen in the chart under, the upward or bullish channel, representing larger highs and better lows, may be recognized by trendlines connecting the lows of July 20 and Sept. 29, and the highs of June 30 and Sept. 7.