NEW IDEA FOR BTC
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The increase in conflicts between Russia and Ukraine can cause the price of Bitcoin to fall
Looking at the trend in the one-hour time frame, Bitcoin has the resistance of the ceiling of the ascending channel in the range of $100,281, and now it seems that risk appetite in the market will decrease as geopolitical tensions intensify.
Overall, the scenario is reinforced that Bitcoin can decline to support the bottom of the channel at $92,946, provided it maintains the resistance of the ascending channel ceiling in the range of 100,281.
The increase in conflicts between Russia and Ukraine can cause the price of Bitcoin to fall
Looking at the trend in the one-hour time frame, Bitcoin has the resistance of the ceiling of the ascending channel in the range of $100,281, and now it seems that risk appetite in the market will decrease as geopolitical tensions intensify.
Overall, the scenario is reinforced that Bitcoin can decline to support the bottom of the channel at $92,946, provided it maintains the resistance of the ascending channel ceiling in the range of 100,281.
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