Bitcoin Update:
BTC/USDT (4H Chart)
• Bitcoin remains in a consolidation zone for the second week in a row, with fluctuations in currency movements due to acquisitions.
• Breaking out of this consolidation zone will be strong and rapid due to increased futures volumes at $125,500 and $111,000.
• We need positive news to bring new liquidity into the market and launch a move toward the $125,500 target, which is likely to happen soon, God willing, once $119,500 is broken, as we mentioned in the previous update.
DR.
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