~ BTC — Analysis, 22 February, 2024 📈

Bitcoin is currently following an upward trajectory within a long-term rising channel, reflecting continuous investor interest at higher price points and signaling promising growth prospects for the currency. Notably, it finds support around 31000 and faces resistance near 66000. Positive volume dynamics, with heightened trading activity during price uptrends and subdued levels during downtrends, contribute to its short-term resilience. In summary, Bitcoin is viewed favorably from a technical perspective for the foreseeable future.

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