Bitcoin

<h2 id="span-data-font-font-size-style-font-size-20px-bitcoin-maintains-42-800-support-but-encounters-resistance-at-45-000-br-span">Bitcoin maintains $42,800 support but encounters resistance at $45,000 </h2>
<ul>
 <li>According to <a href="https://www.coingabbar.com/en/price-analysis" class="f-link" rel="noopener noreferrer nofollow">Coingabbar Technical Analysis</a>, A detailed examination of the 4-hour chart unveils a phase of sideways consolidation, ultimately leading to an unexpected surge in the price.</li>
 <li>The expanding channel pattern's rising trend lines have tracked <a href="https://www.coingabbar.com/en/crypto-currency/bitcoin-btc-prices-usd" class="f-link" rel="noopener noreferrer nofollow">Bitcoin's</a> recovery over the last five weeks.</li>
 <li>On December 5th, a significant breakthrough indicates buyers are poised for a strong recovery</li>
 <li>On the 4-hour chart, BTC is trading inside the Bullish Pennant pattern, break will decide the new rally.</li>
 <li>if the upside breakout seen and close above $45000 can lead to a recovery, targeting the next major resistance at $48,000.</li>
 <li>Conversely, an inability to surpass $45,000 might lead to a retracement towards $40,000.</li>
</ul>
KEY LEVELS :
RESISTANCE LEVEL : $44,200-$44,600
SUPPORT LEVEL : $43,400-$42,800
Disclaimer: Crypto is not regulated and can offer considerable risks. There may be no regulatory remedies available in the event of any losses resulting from price analysis. As a result, before engaging in any transactions involving crypto products, each investor must perform in-depth examination or seek independent advice.

Consolidation's Silence or Rally's Roar: Which Will Echo in BITCOIN?

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