$BTC Short term Analysis
Bitcoin shows strong development within a rising trend channel in the short term. Rising trends indicate that the currency experiences positive development and that buy interest among investors is increasing. The currency is testing resistance at points 71200. This could give a negative reaction, but an upward breakthrough of points 71200 means a positive signal. RSI diverges negatively against the price, which indicates danger of a reaction downwards. The currency is overall assessed as technically slightly positive for the short term.

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⚠️ IMPORTANT: BITCOIN HALVING ALERT ⚠️

1️⃣ The Bitcoin Halving event is just 11 days away!
2️⃣ Post the first halving, Bitcoin's price witnessed an astounding surge of 9,900%!
3️⃣ Following the second halving, Bitcoin's price experienced an impressive increase of 2,900%!
4️⃣ After the third halving, Bitcoin's price saw a substantial rise of 700%!
5️⃣ While we cannot precisely forecast the outcome, historical data indicates significant price surges post-halving events. Don't overlook this opportunity!
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