BTCUSDT SPOT

Bitcoin's Growth Potential Intact Despite Short-Term Uncertainy

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Bitcoin has rallied to $108k after sweeping liquidity below $98k, driven by easing geopolitical tensions in the Middle East. The cryptocurrency's fundamentals and structural trends suggest room for growth, but it appears to have exhausted its momentum, entering a consolidation or accumulation phase. Technically, the 4-hour chart is limited, but a potential correction to $104k-$103k could occur before further growth. For now, traders can focus on short-term buys and sells in the $106k-$108k range, awaiting clearer direction.

Penafian

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