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🐝 BTC UPDATE
We are back after the commercial break. Let's investigate what to expect from Bitcoin.
Bitcoin is going according to the plan. Took some profits at the $74,000 resistance, but expecting one to go higher. The fact that we are in the bear market does not cancel the possibility of some upward movements. We can go up to $84,000 resistance without breaking any major resistance.
The chart offers us a very bullish formation: ascending consolidation on spot purchases, resistances are breaking one by one. For now Bitcoin takes hold above the $74,000 level which is very important for moving towards $80,000.
Marked two supports on the chart, you can use them for buying. As long $BTC stays above the $71,500 support — we are locally bullish.
$BTC