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$BCH The current consolidation phase suggests a potential accumulation before the next leg up, This adds a technical observation about the current price behavior (holding strong support after a pullback), interpreting it as a healthy period of 'accumulation' (buying interest) before a major move.
A confirmed daily close above the $630 level will be key to confirming this bullish continuation. This provides a specific, actionable condition that you and other traders would look for to validate the move toward your $718 target.
BTC .D slowing rose up towards the thin dotted line and the area acted as resistance.
Now Short-term its bullish but looking at the market, we can anticipate the break of the area by this week, and altcoin will start its rally as per the drop.
This key resistance level is a crucial battleground for market control. A successful breakthrough and a drop in BTC.D would be the key catalyst for the highly anticipated altcoin season.