Bitcoin ETF

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<ul> 
 <li>Bitcoin increased by 0.64% in 24 hours, suggesting a potential for continued growth.</li> 
 <li>BTC’s current trading in a local channel indicates possible sideways trading near $44,<a href="https://cryptonewsland.com/cathie-wood-remains-confident-bitcoins-potential-to-reach-1000000-by-2030/">000</a>.</li> 
 <li>Weekly chart trends show Bitcoin aiming for key resistance at $45,000 and beyond.</li> 
</ul> 
Bitcoin (BTC) has seen a modest rise of 0.64% over the last 24 hours. This increase points to a potential for sustained growth in the near future. On the hourly chart, Bitcoin is currently trading within a defined channel, bounded by support at $43,700 and resistance at $44,400. 
Market analysts suggest that Bitcoin is likely to continue its sideways trading around the $44,000 mark. A false breakout of the $44,500 resistance level on a larger time frame has been observed, indicating the possibility of a price correction towards the $42,500-$43,000 zone. 
However, on the weekly chart, Bitcoin continues to set new local peaks, bringing the crucial $45,000 level into focus. If the weekly close surpasses this level without significant wicks, it could signal a continuation of the upward trend, potentially reaching as high as $48,<a href="https://cryptonewsland.com/bitcoin-accumulation-surges-at-30200/">200</a>. 
Looking ahead, Bitcoin’s position in the cryptocurrency industry remains robust. Its ability to navigate through market fluctuations and aim for new heights suggests a promising future, maintaining its status as a leading digital currency. 
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 <li><a href="https://cryptonewsland.com/liberates-and-democrats-lead-us-bitcoin-tech-adoption/">Liberates and Democrats Lead US Bitcoin Tech Adoption</a></li>
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 <li><a href="https://cryptonewsland.com/heres-why-bitcoin-is-unlikely-to-hit-12k-anytime-soon/">Here’s Why Bitcoin is Unlikely to Hit $12k Anytime Soon</a></li>
 <li><a href="https://cryptonewsland.com/new-ftx-narrative-leads-to-crypto-leaders-take-on-the-story/">New FTX Narrative Leads to Crypto Leader’s Take on the Story</a></li>
</ul> 
The post <a href="https://cryptonewsland.com/how-bitcoins-push-beyond-45000-could-lead-to-new-heights-at-48200/">How Bitcoin’s Push Beyond $45,000 Could Lead to New Heights at $48,200</a> appeared first on <a href="https://cryptonewsland.com">Crypto News Land</a>.

How Bitcoin’s Push Beyond $45,000 Could Lead to New Heights at $48,200

Crypto News Land

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