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<p>Crypto trader <strong>Scient</strong> simplifies the Bitcoin (BTC) local scenario, <a href="https://twitter.com/Crypto_Scient/status/1744642053215072563" target="_blank" rel="noreferrer noopener nofollow">offering</a> a concise breakdown of key levels to watch. Here’s the latest analysis:</p> 
<p><strong>Current Resistance:</strong> Bitcoin is currently trading under the critical resistance level of $47.1k. The range from $47.1k to $49k forms a formidable resistance block. A breakthrough at $47.1k could pave the way for the next target at $49k.</p> 
<p>Notably, there’s an FVG gap of $45.3k–45.5k resulting from yesterday’s market movement. Scient eyes this range for potential long positions, awaiting a trigger to initiate fresh positions.</p> 
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<p><strong>Critical Support at $44.4k:</strong> Emphasizing a must-hold level, Scient identifies $44.4k as crucial. A breach of this support could lead to the next level at $42k. Maintaining patience and discipline is paramount in maneuvering through these critical levels.</p>  
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<p>Scient advocates a disciplined and patient approach, advising traders to play the market level by level. This strategic mindset aligns with the increased Bitcoin volatility, where precise execution at key levels becomes pivotal.</p> 
<p>As the trader shared, staying attuned to these identified levels can guide traders in making informed decisions amid Bitcoin’s local movements.</p> 
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<p>The post <a href="https://captainaltcoin.com/bitcoin-can-hit-42000-if-btc-doesnt-hold-this-level-analyst-shares-key-levels-to-watch/">Bitcoin Can Hit $42,000 If BTC Doesn’t Hold This Level, Analyst Shares Key Levels To Watch</a> appeared first on <a href="https://captainaltcoin.com">CaptainAltcoin</a>.</p>

Bitcoin Can Hit $42,000 If BTC Doesn’t Hold This Level, Analyst Shares Key Levels To Watch

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