2Frost
@2frost
Bitcoin has been trading in a tight range above $50,000, indicating a possible double bottom formation. If it breaks above $52,000, we could see a strong upmove towards $55,000 and beyond. However, a failure to break above $52,000 could lead to a retest of the lower end of the range. Market sentiment remains bullish, but traders should be cautious of a potential false breakout.
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