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Bitcoin's price action within the critical resistance zone remains unsettled. The rejection suggests we might be looking at a 60-day cycle peak rather than a breakout scenario.
However, the recent upward momentum could signal a genuine counter-trend correction in play. Worth monitoring.
Still, this pattern aligns with typical bear market dynamics. Particularly when you consider how traditional equities are hitting all-time highs—often a divergence signal worth taking seriously in crypto markets.