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BTC: Following the track.

BTC Update:

BTC has been on track, as expected. The price reached $108,341 and was rejected at $92,280. According to the chart, it will likely experience another rejection around 73K, followed by a strong rebound.

If BTC follows this analysis, it could be considered a healthy correction and an opportunity to buy back. For BTC to turn bullish, it must break above the resistance trendline or surpass the all-time high level.

I hope this update is helpful. Trade safely!
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BTC Update:

BTC is currently on track and has been moving as indicated in the chart. After reaching 102.7k, it dropped down to 97k. From this point, if the rejection continues, we are likely to see a significant market correction—possibly the last one.

As I mentioned earlier, for a bullish move, BTC needs to break above the all-time high or the resistance trendline. Until that happens, the chances of rejection remain high.

Trade safely!

Penafian