Bitcoin Long Uptrend Still Strong, But Medium Downside Likely

The grey band on the RSI is where Bitcoin has historically held during bull markets. Now, as the medium trend is perhaps pointing down, we should only worry about the constitution of the Long Uptrend if the grey band is lost.

The histogram here is arch downing pretty clearly; we can expect a retracement probably for the next couple of weeks at least.
Trend Analysis

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