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veronika ๐ต๐ฉ ๐น
@0xnika
$BTC/USDT ANALYSIS Bitcoin is currently consolidating within a descending broadening wedge pattern, a technical structure that often precedes significant price movement. The 100-day moving average is acting as a crucial resistance barrier, rejecting BTC's attempts to break higher. Market sentiment remains cautious as traders await a clear breakout or breakdown from this pattern to confirm the next directional move. Volume has been relatively low, indicating indecision among participants. A confirmed breakout above the 100MA could signal a bullish reversal, while a breakdown might lead to further downside.
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White Rose๐ฉ๐ต๐ฎ
@whiterosev
287 $DEGEN for you
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