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My personal analysis for Bitcoin 👏
After monitoring the market movements and the technical and economic indicators, I see that the most likely scenario is the continuation of the upward trend for Bitcoin in the coming days 👏
Despite some analysts' predictions of a correction back to levels of $83,000 - $81,000, I expect that this scenario is currently unlikely, especially in light of:
- The continued flow of institutional liquidity.
- The strong support stabilizing at $90,000 – $93,000.
- Positive momentum in the Relative Strength Index (RSI) indicators.
- A decrease in concerns about monetary tightening after the latest US inflation data.
I expect there to be a temporary corrective movement (within the range of 90K–93K), which provides good buying opportunities, while the next target remains to test the barrier of $100,000 very soon.
The market is still in a positive phase, and we will move confidently with the trend until clear reversal signals appear.
@A_M_TradeXx
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