Bitcoin (BTC) Drops Below 97,000 USDT with a 1.08% Decrease in 24 Hours
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Bitcoin has once again been rejected from the resistance area and is unable to break through it. There is significant selling pressure at this resistance level, and we are likely to see a large move once this resistance is overcome.
ACT analysis:
The price is currently trading within a falling wedge pattern and is now establishing a support zone. You might consider adding some ACT here, as there is potential for a move towards the resistance area. A breakout from the falling wedge could lead to a significant rally.
Resistance Area: $0.415-$0.456
