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Bitcoin sold off hard during Q4, but then during the first frame of 2022 it underwent a period of relatively directionless trading.
Which direction it goes remains undecided, but the higher low in February relative to the yearly low in January suggests we may see a top-side breakout.
If we were to see that fail to be the case this time around, then it could mean that BTC is headed for an extended period of sideways price action, or worse.
This is considered a major threshold for Bitcoin to hold if it is to keep from turning into a slowly deflating bubble.
Leveraged trading in foreign currency or off-exchange products on margin carries significant risk and may not be suitable for all investors.