Analysis BTCUSD 09/01/2024
Updated
Based on technical analysis, Bitcoin exhibits a strong upward trend. If the price of Bitcoin holds above 40,350, it's likely to rise and test resistance levels at 51,000, 54,000, and 56,800. However, if Bitcoin fails to maintain above 40,350, it could decline to test support levels at 35,500 and 32,800.
Note
Wait to Short 51000 +Trade closed: target reached
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