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Good day!
Things are quite interesting with BTC. Currently, the level of 98500 is being held, which is very good (previous highs). As long as we maintain this level, there is a very good chance for a long towards 108k. Especially considering the recent liquidation of long positions.
A very large shadow was left, and given that the price returned above 98500, these were all purchases.
I made a trend line based on the current highs, and the area around 108k aligns perfectly.
The weekly candle closed above 101k, which is also very good and increases the chance of such growth.
For now, we will likely range for a couple of days around 99-101k with a subsequent upward breakout.
I am providing trades on futures.
More details in the pinned profile✅
Things are quite interesting with BTC. Currently, the level of 98500 is being held, which is very good (previous highs). As long as we maintain this level, there is a very good chance for a long towards 108k. Especially considering the recent liquidation of long positions.
A very large shadow was left, and given that the price returned above 98500, these were all purchases.
I made a trend line based on the current highs, and the area around 108k aligns perfectly.
The weekly candle closed above 101k, which is also very good and increases the chance of such growth.
For now, we will likely range for a couple of days around 99-101k with a subsequent upward breakout.
I am providing trades on futures.
More details in the pinned profile✅
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
BTC
94,421.22
-0.40%
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