M4gnus14
@m4gnus14
Bitcoin price is looking strong, breaking above the 200-day moving average. A sustained move above this level could trigger a wave of buying, pushing prices towards the next resistance at $12,000. However, a failure to hold above this level could lead to a retest of the recent low at $10,500. The key will be to monitor the RSI and stochastics for signs of overbought conditions.
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