Here’s a revised version of your report:
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**Weekly Bitcoin Market Report:**
The market is currently encountering resistance at the EMA50 and MA200 daily levels, yet the overall sentiment remains bullish. We might witness a brief pullback to the 54-55k range, likely a move to shake out weaker hands. However, the primary target continues to be the resistance zone between 69-70k.
Recent activity has shown substantial buying from major institutions like BlackRock and Fidelity, especially during the recent dip. This suggests a strong confidence in the market's upward potential. The current price range is viewed as a buying opportunity, with any dips offering a golden chance for accumulation.
Looking ahead, this week’s economic calendar is packed with key events, including PPI and CPI data releases. These events are expected to introduce significant volatility, potentially influencing rate decisions and setting the stage for the next major market move.
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Let me know if you'd like any further adjustments!
