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Bitcoin
Long
Feb 3
BTCUSD: Ready to Breakout. (READ CAPTION)
5
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Hello fellow traders!
I'm sharing my technical analysis on BTCUSD.
Market Analysis
BTCUSD is consolidating within a narrow range, preparing for its next move.
Key Levels:
Support Zone: 99000_98000
Resistance Zone: 109300
Demand Zone: 111500
Target : 107000
Trend Analysis
The trend is Neutral, but a break above 107k could trigger a bullish rally.
Trading Strategy
Buyers can look for opportunities near the support zone, while sellers can wait for a break below 99k.
Current Market Status
Current Price: $101500
Disclaimer
This analysis is for educational purposes only and should not be considered as trading advice.
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