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BTC Short-Term Reversal Possible from Key Support Zone – Bullish
BTCUSD
, 1D
Long
BTCUSD: BTC Short-Term Reversal Possible from Key Support Zone – Bullish

Bitcoin (BTC) is currently trading near a key horizontal support zone around $102,000, while still maintaining structure within a larger ascending channel pattern. After a period of consolidation and rejection from the channel resistance (near $110,000), price action appears to be attempting a bullish reversal from the lower channel boundary. Technical...

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