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#Bitcoin's fight for the $60,000 level â A strong buyer has shown up at $60,000 several times in the last 24 hours, preventing the price from falling below â However, further escalation of tensions in the Middle East could trigger a sharp drop in Bitcoin's price below this resistance level. â Â If there is no escalation, the forecast is cautiously positive with the prospect of price growth to $64,000 - $65,000
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#AUCTION/USDT ANALYSIS AUCTION is currently consolidating within a descending triangle pattern and facing rejection at the resistance trendline. It is testing the horizontal demand zone, attempting to break below it. Additionally, the 100MA is acting as a resistance barrier above the triangle. A decisive breakout above the resistance or a breakdown below the demand zone is needed to confirm AUCTION's next move. Itâs important to monitor the price action closely for a clear signal.
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Historically, Q4 tends to be extremely bullish for #Bitcoin in a halving year.
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#BTC/USDT ANALYSIS Bitcoin has broken out of its symmetrical triangle pattern with significant volume, and is now undergoing a retest above the triangle. The Ichimoku Cloud is providing support just above the triangle. A successful retest would confirm a bullish trend, potentially leading to further upward momentum. However, if the retest fails, the price may re-enter the pattern, indicating continued consolidation within the triangle.
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Trending News đïž Web3 Lawyer: How to Prevent Legal Risks When Issuing VCC Virtual Currency Credit Cards đïž SEC and Ripple to Fight it Out Again as the Regulatory Agency Files Notice of Appeal: Who Will Emerge Victorious? đïž Sam Altmanâs Bold AI Datacenter Vision: A Push for National Security and Technological Dominance đïž Kazakhstan Appoints The Former General Manager of Binance As The New Minister of Digital Development
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