Hello friends, welcome to this BITCOIN update from Crypto Sanders.
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The daily chart shows Bitcoin consolidating between 60K to 72K. Recent price action dipped towards the lower end of this range.
Bitcoin is now at a crucial support zone between $69,181 and $59,575, aligned with the EMA100-day moving average at 59.800K.
This support area could prompt a bullish reversal. However, a sudden breach below could trigger a long squeeze and a significant downward move.
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my profit and losses. So, do your research before investing in this trade.
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