Bitcoin

BTC Testing Bull Flag Resistance at $68,000

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Market Overview:

Bitcoin (BTC) is currently testing the upper resistance level of its bull flag formation around $68,000.
Recent price action shows a higher high compared to the previous highs from late September and August, confirming a bullish trend on higher time frames.
Key Levels to Watch:

Resistance: $68,000 (bull flag top)
Target: $70,000 (next psychological level)
Outlook:

Given the upward momentum, BTC is likely to consolidate in the $68,000 range for a few days before attempting a breakout.

A successful move above this resistance could pave the way for a test of the $70,000 level.

#BTC #Bitcoin #PriceAnalysis #BullFlag #CryptoMarket

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