Cryptocurrency

Bitcoin

Roller

<ul>
 <li>According to <a href="https://www.coingabbar.com/en/price-analysis" class="f-link" rel="noopener noreferrer nofollow">Coingabbar Technical Analysis</a>, On the daily chart, BTC exhibits an Ascending Channel Pattern and successfully reclaimed the $43,500 resistance, establishing a positive zone.</li>
 <li>Despite a recovery above $43,500, <a href="https://www.coingabbar.com/en/price-analysis/after-the-storm-will-bitcoin-find-calm-amidst-panic-selling-chaos" class="f-link" rel="noopener noreferrer nofollow">Bitcoin</a> encountered resistance around $44,500, presenting a potential obstacle.</li>
 <li>The 50 Day EMA serves as a crucial support level for BTC on the daily chart, contributing to a rebound in its price.</li>
 <li>The daily time frame reflects a bullish trend, with Bitcoin consistently trading along the ascending trend line.</li>
 <li>The key question lingers: Can BTC sustain the $40,000 support and overcome the $46,000 level amidst ongoing speculations?</li>
</ul>
KEY LEVELS :
RESISTANCE LEVEL : $44,400-$44,900
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.

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