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Bitcoin is currently moving within a defined price channel, and at the moment, it is trading near the top (resistance) of the channel. This area often acts as a supply zone, where sellers tend to step in. Therefore, it may be a good opportunity to consider a short position, especially if it's supported by confirmation signals like divergence, reversal candlestick...

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Bitcoin Analysis Bitcoin is currently approaching the key psychological zone between $70,000 to $75,000, where we expect a potential consolidation or short-term correction. This area could serve as a resting phase before the market gathers momentum for a new and powerful bullish leg, targeting the $120,000–$130,000 range in the mid to long term. Traders should...

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Technical Analysis The RSI indicator recently reached oversold levels, suggesting strong downward pressure. Currently, RSI is testing a descending resistance trendline, which has previously acted as a dynamic ceiling for momentum. Given this setup, there is a higher probability that the price may continue to move lower, especially if RSI gets rejected at this...

amrmrp

Hello guys, we are watching a divergence in RSI in the weekly timeframe. I hope this unfortunate event will not happen in the next 3 months . As a result, the moving line 60 has played a supporting role for us. Pay attention to this issue. But the potential of bitcoin has proven to be great in the long run.

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The triangle pattern happened After breaking the downtrend line. The climb will happen.

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according to bitcoin history , every time this it's happened , It has been absolutely true under certain circumstances . Now that special situation has occurred after an uptrend . Most likely a correction is ahead.

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4h 1-Stochastic Above Signal Crosses Up 20 4h 2-CCI Crosses Up 100 4h 3-MACD Crosses Up Signal Line 4h 4-Price Crosses Up Kumo 4h D low price Prices on the support line About Morning Star

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1-Cut line 100. CCI ^ .... 2- up kumo . 3-Area 25 failure .ADX DI+ >= +DI-

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The first overlap of the first price target point ......

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Price support ........ After the failure of the resistance.... ......... Triangle....

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