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Btcrsi

Bitcoin & Logical correction and refueling for the next climb...RSI has reached the overbought zone. The news is favorable. Strong fundamentals and favorable technicals can lead to magnificent climbs. Unless the events behind the scenes want to pull Bitcoin down again. In any case, according to the chart, there is a possibility of a logical correction up to the prices of around $31,000 and $32,000. Maybe a little lower than $30,000 and then move to $42,000. In my opinion, this modification is beneficial for the next moves.
by Farid-110
Updated

Select market data provided by ICE Data services. Select reference data provided by FactSet. Copyright © 2025 FactSet Research Systems Inc.© 2025 TradingView, Inc.

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