🔷 Market Analysis: Further Upside?
📈 Between August 2023 and March, prices rose sharply on ETF activity and other factors. Then, a correction occurred, rebalancing the nearest support areas over a 3-month period.
🔍 On the monthly chart, an auction generated significant buying volume. This rebalanced a key area, followed by a sweep of a weekly fractal point, leading to an increase in buying volume.
📌 Key area to watch: the range between $3,100 and $3,000. This level could serve as a supply zone before a significant price increase. 🔼
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