Bitcoin Weekly Analysis : Bull or Bear? Let's See (READ CAPTION)
By analyzing the #Bitcoin chart on the weekly timeframe, we can see that the current price is around $62,640. We observed that after dropping to $60,000 due to the ongoing conflict between Iran and Israel, the price was met with strong demand and, as mentioned earlier, has rebounded 4% to the current level. If the conflict continues, there is a high probability that Bitcoin will See target levels below $60,000 and even $52,000. Therefore, keep in mind that the most crucial support level for Bitcoin at the moment is between $60,000 and $60,200. This analysis will be updated accordingly.
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Best Regards , Arman Shaban
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
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