BTC/USDT: Bitcoin Resiliently Bounces Back
Bitcoin's price exhibited a resilient bounce, finding support at both the trendline and the 200-day moving average with a notable increase in volume. The breakthrough above the horizontal resistance level is a noteworthy development๐.
Now trading back within the range, the key to further bullish momentum lies in Bitcoin maintaining its position above the horizontal support. If this level holds, there is potential for a continued upward trajectory in the price๐. Stay tuned for updates as market dynamics evolve.
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