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Quick Analysis: Where is Bitcoin's price headed?

Current price: 65,800$ (subject to market changes)

Technical Analysis:

Strong resistance: $67,000

Current support: $63,500

If it breaks 67K, we might see a quick rise towards $70,000

However, if it breaks support, it could drop to 61,500$ or lower

Indicators:

RSI is currently in a neutral zone, meaning neither overbought nor oversold

Moving averages indicate a medium-term upward trend

News that affects:

Recent US inflation data supported the market

Some whales have started to take profits, so caution is required

Weekly forecast:

If the market remains stable, BTC might test 68K

But any strong negative news could bring it back to 62K

Alert:

This is not investment advice, but an analysis based on current indicators

#BTC #تحليل_بيتكوين #CryptoUpdates

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