$BTC

*Technical Analysis: $BTC/USDT*

After a significant correction to $52,300, Bitcoin is finally exhibiting upward momentum, breaking above $54,000. Here's a detailed analysis:

*Current Price:* $54,041

*Resistance:* $54,048

*Support:* $53,745

*Long Trade:*

- Enter above $54,048

- Targets: $54,150, $54,250, and $54,350

- Stop loss: $53,745

*Short Trade:*

- Enter below $53,745

- Targets: $53,630, $53,500, and $53,400

- Stop loss: $54,048

Note: This analysis is for informational purposes only and should not be considered as investment advice. Always conduct your own research and risk management strategies before entering trades.

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