M4trix20
@m4trix20
Bitcoin's price has been consolidating within a tight range over the past week, indicating a potential buildup of energy before a significant move. The 50-day moving average has provided support, while the 200-day moving average has acted as resistance. A break above the 200-day MA could propel Bitcoin towards $12,000, while a breakdown below the 50-day MA could lead to a retest of $9,000.
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