GhitaG
#support I am EU Romanian resident and want to migrate my account to Gate.io Europe. Thank you
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**Expert Analysis on Bitcoin's Current Market Position**
Bitcoin has recently tested a key resistance zone and faced rejection, indicating that the bears are currently defending this level. The price is now attempting to hold at a critical support area, and its ability to sustain this level will be pivotal for determining the next market direction.
If Bitcoin fails to maintain this support, a breakdown could trigger increased selling pressure, potentially leading to a deeper correction. Traders and investors should closely monitor the price action around this support zone, as a breach could s
Bitcoin has recently tested a key resistance zone and faced rejection, indicating that the bears are currently defending this level. The price is now attempting to hold at a critical support area, and its ability to sustain this level will be pivotal for determining the next market direction.
If Bitcoin fails to maintain this support, a breakdown could trigger increased selling pressure, potentially leading to a deeper correction. Traders and investors should closely monitor the price action around this support zone, as a breach could s
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Technical Analysis of BTC/USD Daily Chart
Support and Resistance Levels
Resistance Levels:
Primary Resistance: 91,134.99
Secondary Resistance: 93,224.53
Support Levels:
Primary Support: 75,763.86
Secondary Support: 52,082.47
Candle Analysis
Recent daily candles show a strong bullish momentum, with prices moving within an upward trend. The candles have been closing near their highs, indicating buying pressure and potential for further gains.
If BTC/USD can sustain movement above 91,134.99, it may challenge the next resistance level of 93,224.53.
However, if the price falls below 75,763.86, it m
Support and Resistance Levels
Resistance Levels:
Primary Resistance: 91,134.99
Secondary Resistance: 93,224.53
Support Levels:
Primary Support: 75,763.86
Secondary Support: 52,082.47
Candle Analysis
Recent daily candles show a strong bullish momentum, with prices moving within an upward trend. The candles have been closing near their highs, indicating buying pressure and potential for further gains.
If BTC/USD can sustain movement above 91,134.99, it may challenge the next resistance level of 93,224.53.
However, if the price falls below 75,763.86, it m
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Radziuka:
Hey everyone! 👋 I’m excited to share my latest insights and updates on crypto trading with you all! 🚀 Your support means a lot to me, so if you find my posts helpful or interesting, don’t forget to give them a like 👍 and share your thoughts in the comments below. Let’s continue growing and learning together in this amazing crypto journey! 💎:View More
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