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Dave
@kingragnar
#Bitcoin and the challenge of the 100 EMA: What's next? 📈 The daily chart shows that Bitcoin has been oscillating around the 100 daily EMA for some time. If this important support area does not hold, the price could fall to around USD 61,147. A break of this support would give the bears the opportunity to push the price further into the last support zone between USD 58,000 and USD 60,000. A significant bounce could occur in this zone, especially if the price reaches this area in the next two weeks. The 100 daily EMA remains a crucial indicator whose behavior over the next few weeks could significantly influence the further course of the price. #chart
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