BTC Analysis 11/04/2024 $BTC 📊
In the short term, BTC appears bullish, but a deeper analysis suggests a retracement to the $66,300 - $66,500 range. Despite recent pumps to $71,000, breaking the $73,000 resistance seems unlikely due to subdued buying pressure. A retest near $66,300 - $66,600 could generate the needed buying momentum to surpass $73,000. Failure to find support may replicate previous falls. A drop to $66,300 is favorable for a subsequent rise to $75-80k.
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