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© Reuters.

(BTC) is “ready to rally” again as BTC price action flips bullish on crucial timeframes, trading platform Decentrader says.

In its latest market update on Oct. 29, the firm predicted incoming fresh upside for Bitcoin, which has languished below old all-time highs this week.

chart with channel top target. Source: Decentrader
Bitcoin exchange reserves chart. Source: Bybt