Bitcoin / TetherUS
Long
Updated

Bitcoin: Strong Support Holds Amid Market Uncertainty

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Bitcoin: Strong Support Holds Amid Market Uncertainty

Bitcoin recently tested a key support zone near 102,670, bouncing back in alignment with the broader bullish trend.

The ongoing Middle East conflict continues to reinforce BTC’s strength, establishing another solid support level at 102,650, which signals that the price remains well-supported by buyers around this zone.

For Bitcoin to dip below this area, it would likely require significant market manipulation or unexpected developments.

At present, BTC suggests an upward trajectory, potentially reaching 107,850, 109,100, and even a retest of the previous highs near 111,500.

You may find more details in the chart!
Thank you and Good Luck!

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Trade closed: target reached
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