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Bitcoin (BTC/USD) Daily Chart Analysis
Bitcoin’s current trading level is around 85,031.69, showing continued bullish momentum as it approaches significant resistance zones.
Key Support and Resistance LevelsResistance:
The nearest resistance level is at 89,895.98. If Bitcoin breaks through this area, it could gain further momentum toward higher targets.
Support: Key support levels include 75,859.76 and 52,082.47. These levels are likely to attract buying interest if there’s a pullback.
Trend AnalysisBitcoin is within a strong ascending channel, as shown by the parallel orange trend lines. The
Bitcoin’s current trading level is around 85,031.69, showing continued bullish momentum as it approaches significant resistance zones.
Key Support and Resistance LevelsResistance:
The nearest resistance level is at 89,895.98. If Bitcoin breaks through this area, it could gain further momentum toward higher targets.
Support: Key support levels include 75,859.76 and 52,082.47. These levels are likely to attract buying interest if there’s a pullback.
Trend AnalysisBitcoin is within a strong ascending channel, as shown by the parallel orange trend lines. The