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#BTC Hits 97K#


It is quite important for BTC to stay above 10,500 this week, and of course, it will also need to close the week here; otherwise, problems may arise again. It needs to break above the weekly Bollinger middle band, close the week there, and remain above it. In a period where macroeconomic indicators are in such good condition, BTC should not be heading towards the lower bands. If there is no buying crowd to counter the intense selling in the 106,459 region, there is a possibility for BTC to visit the lower support bands. Weekly closures must definitely be above 102,700; otherwise, discrepancies in time frames could become a problem. There are already many inconsistencies present.
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