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Coin Name: #btc
In the one-day timeframe, Bitcoin (BTC) is currently forming a converging triangle pattern, indicating a period of consolidation with price movements confined within a narrowing range. If BTC breaks above the upper boundary of this converging triangle and surpasses the significant resistance level at $72,000, it would signify a bullish breakout. This suggests a positive market sentiment for Bitcoin, with increased buying pressure potentially leading to further price appreciation.
Entry: Either at $70,000 or at the Market Price
Signal: Long
Take Profit Levels:
1st TP: $73,642.16
2nd TP: $74,346.95
3rd TP: $75,404.14
Stop Loss: $66,241.81
Leverage: 10x
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