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Analysis of Bitcoin (as of June 4, 2024) Price: $69,046 (up 0.36% over the last 24 hours) Performance: * Week: -0.46% * Month: +8.05% * Year: +154.65% Tendency: * Short term: Slightly bullish, with an increasing upward channel. * In the medium term: Slightly positive, according to Investtech's technical analysis. Technical indicators: * Moving averages indicate a strong buy trend. Resources: * Technical analysis of Bitcoin (TradingView): https://fr.tradingview.com/symbols/BTCUSD/technicals/ * Bitcoin Price and Chart (TradingView): https://fr.tradingview.com/symbols/BTCUSD/ * Bitcoin (BTC) - Technical analysis - Medium term (Investtech): https://www.investtech.com/main/market.php?MarketID=994 * Bitcoin analyzes (Investing.com): https://fr.investing.com/crypto/bitcoin In summary: Bitcoin is up slightly today, continuing its medium-term uptrend. Technical indicators are also positive. However, the price is encountering resistance at around $72,000, which could lead to a correction. It is important to remember that the cryptocurrency market is very volatile and that technical analyzes are not always reliable. It is therefore important to do your own research before investing in Bitcoin. Please note that I am not a financial advisor and this information does not constitute financial advice.

Analysis of Bitcoin (as of June 4, 2024)

Price: $69,046 (up 0.36% over the last 24 hours)

Performance:

* Week: -0.46%

* Month: +8.05%

* Year: +154.65%

Tendency:

* Short term: Slightly bullish, with an increasing upward channel.

* In the medium term: Slightly positive, according to Investtech's technical analysis.

Technical indicators:

* Moving averages indicate a strong buy trend.

Resources:

* Technical analysis of Bitcoin (TradingView): https://fr.tradingview.com/symbols/BTCUSD/technicals/

* Bitcoin Price and Chart (TradingView): https://fr.tradingview.com/symbols/BTCUSD/

* Bitcoin (BTC) - Technical analysis - Medium term (Investtech): https://www.investtech.com/main/market.php?MarketID=994

* Bitcoin analyzes (Investing.com): https://fr.investing.com/crypto/bitcoin

In summary:

Bitcoin is up slightly today, continuing its medium-term uptrend. Technical indicators are also positive. However, the price is encountering resistance at around $72,000, which could lead to a correction.

It is important to remember that the cryptocurrency market is very volatile and that technical analyzes are not always reliable. It is therefore important to do your own research before investing in Bitcoin.

Please note that I am not a financial advisor and this information does not constitute financial advice.

Disclaimer: Includes thrid-party opinions. No financial advice. May include sponsored content. See T&Cs.
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