Long

Bitcoin ETF

<ul>
 <li>According to <a href="https://www.coingabbar.com/en/price-analysis" class="f-link" rel="noopener noreferrer nofollow">Coingabbar Technical Analysis</a>, Bitcoin, after surpassing $43,500, faced resistance at $44,500, posing a potential hurdle.</li>
 <li>The daily chart revealed a Long Lower Shadow, signifying active bulls near the dip.</li>
 <li>Despite market uncertainty, the technical chart aligns with a rising channel pattern.</li>
 <li>Over a month, BTC rebounded from the pattern's trendlines multiple times, indicating trader attention.</li>
 <li><a href="https://www.coingabbar.com/en/price-analysis/bitcoin-wild-ride-market-thrills-on-the-crypto-roller-coaster" class="f-link" rel="noopener noreferrer nofollow">BTC price may oscillate in uncertainty</a> until a clearer SEC response on spot Bitcoin ETF approval.</li>
 <li>A bullish breakout from the daily channel pattern is crucial for triggering a directional rally.</li>
</ul>
KEY LEVELS :
RESISTANCE LEVEL : $44,300-$44,900
SUPPORT LEVEL : $43,400-$42,700
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.

BITCOIN Consolidation Sparks Debate on the Next Big Move

Coingabbar

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