BTC - Update

After breaking above $24,500 things could flip bullish. Although this might be a fakeout, I wanted to outline this key support line we are at right now to potentially get one more test to that resistance. If we close a daily below our parallel channel (blue line) it could still be bearish but will update the idea once again tonight depending on how it plays out. This is only a scalp long for the time being.
Trend Analysis

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