Bitcoin maintains its upward trajectory

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This is an approximate analysis of Bitcoin’s movement. Its presence in an upward trend gives it a great opportunity to head to a new peak in the near future as long as it maintains its upward path as shown in the drawing on the chart.

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There is a high probability of Bitcoin retracing to test the 72,000 level. In the event of an upward movement, the rebound is expected to begin within the 106,000 to 107,000 range.
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