Panda Traders
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BTC.D
• BTC.D has successfully recovered the 57.7-58.3% range and is trending upward. If the momentum continues then we might see it at 59.25-59.95% range or higher level before a potential retracement.
• As previously mentioned, reclaiming this range negatively impacts altcoins, which we are currently observing. Continued upward movement in BTC.D may bring further challenges for alts.
• However, if BTC.D closes below this range and begins to retrace, alts may gain momentum again and appear among the top gainers.
We will try to keep updating accordingly !!!
• BTC.D has successfully recovered the 57.7-58.3% range and is trending upward. If the momentum continues then we might see it at 59.25-59.95% range or higher level before a potential retracement.
• As previously mentioned, reclaiming this range negatively impacts altcoins, which we are currently observing. Continued upward movement in BTC.D may bring further challenges for alts.
• However, if BTC.D closes below this range and begins to retrace, alts may gain momentum again and appear among the top gainers.
We will try to keep updating accordingly !!!
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