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Event ends: August 9, 16:00 UTC
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#Bitcoin has started to pull back after being rejected at the trend resistance for the 7th time following Trump's announcement of new customs tariffs.
The descending trend that started in the middle of January is still working wonderfully and serves as an important resistance.
For a long-lasting rise to begin and to truly say that the market has turned, breaking this downward trend is absolutely essential.
I wish everyone a beautiful day and plenty of profits.