Technical indicators for Bitcoin (BTC) this week show mixed signals, as prices currently range between strong support levels near $68,000 and resistance at $71,500. The continuation of the upward momentum depends on trading volume and the stability of the global market, especially with investors awaiting any economic news from the United States that could affect risk appetite. On the technical side, maintaining the price above the 50-day moving average may support an attempt to break the aforementioned resistance. However, if the price falls below support, we might see a correction towards $65,000. Overall, the outlook tends to be cautious with limited upward bias unless strong catalysts emerge to push Bitcoin towards new record levels.#BTC #Bob
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