Bitcoin at a Critical Level: Will Support Hold or Break?CRYPTOCAP:BTC is currently accumulating within a marked zone, fluctuating within a broad range of approximately $17,800. The previous resistance line has now acted as support, indicating a key retest level.
If BTC fails to hold this support, a further decline toward the key support zone could be expected. The RSI is near 42.83, suggesting neutral momentum, with no strong bullish signs yet.
A breakdown below this range could trigger a bearish move, while a breakout above resistance would confirm bullish continuation.
DYOR, NFA
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