Bitcoin has been in a strong uptrend, breaking out of its extended accumulation range (marked by $68k to $85k). Now, 
BTCUSD is consolidating just below the $100k psychological resistance.
Accumulation phase lasted months, indicating strong buying interest.
Current price action suggests consolidation, possibly forming a base for the next move.
đź’ˇ Will Bitcoin break above $100k or retrace for a stronger support level?
#BTCUSD #Bitcoin #CryptoAnalysis
BTCUSD is consolidating just below the $100k psychological resistance.Accumulation phase lasted months, indicating strong buying interest.
Current price action suggests consolidation, possibly forming a base for the next move.
đź’ˇ Will Bitcoin break above $100k or retrace for a stronger support level?
#BTCUSD #Bitcoin #CryptoAnalysis
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.