What are your thoughts on BITCOIN?

Bitcoin has been in an upward trend in recent days, showing significant strength. However, the price is now approaching a key resistance zone that could potentially lead to a temporary correction.

Given this resistance, we anticipate a correction in this area. This correction could present an opportunity for traders to enter the market.

It is recommended that traders closely monitor this resistance zone and wait for the correction to complete before considering entry. Once the correction is over, we expect Bitcoin to resume its upward movement and potentially reach new highs.

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The price was unable to break through the key resistance level and entered a correction phase. If the price breaks below the 57,000 support zone, the next target will be the 55,000 level.

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