BTCUSDT From our previous analysis, BTC initially showed signs of a potential decline, but after holding a long-term support level, it has now pushed toward the 124K resistance. In the short term, a pullback is expected to retest the green support zone before continuing its upward movement.
BTC’s strength is supported by rising demand as an inflation hedge, which could maintain bullish momentum in the coming sessions.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.