Bitcoin (
BTC) has shown strength with bullish momentum in recent days, but the ultimate challenge is overcoming the significant 31k support/resistance level.
- A successful breach of this barrier could pave the way forBTC to reach the 38-40k range by mid-December.
- However, if Bitcoin fails to surpass 31k, there's a potential for a retest of the 25k support level.
BTC) has shown strength with bullish momentum in recent days, but the ultimate challenge is overcoming the significant 31k support/resistance level.- A successful breach of this barrier could pave the way for
BTC to reach the 38-40k range by mid-December.- However, if Bitcoin fails to surpass 31k, there's a potential for a retest of the 25k support level.
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