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Bitcoin may still have some room for rise on the weekly chart:
- The current weekly P2 is 7.9% higher than the weekly low, occurring on Thursday at 09:30.
- 76.9% of the weeks invested in P2 late stage
- 71.3% of the bullish weeks saw more displacement
So even though weekly fluctuations have occurred, it doesn't seem like going short here is a high-probability operation.