BTCUSD (H1) : NOW IT MAY CAN FALL NEAR 62000.00 USD.

ที่อัปเดต:
BTCUSD (H1) : NOW IT MAY CAN FALL NEAR 62000.00 USD.

The current price of Bitcoin (BTC) is approximately $63,974 USD, and it has fallen by about 0.31% in the past 24 hours. If the price stays above $60,200, the next potential targets are $62,000 and $63,500, with a support level below at $59,000. Keep an eye on the market trends and consider other coins as well to make informed trading decisions. 📈💰

Resistance Rejection : If the price fails to break above a significant resistance level (e.g., $65,000), it could signal weakness.

Death Cross ☠️: A death cross occurs when the 50-day moving average crosses below the 200-day moving average. Traders often interpret this as a bearish signal.

Regulatory Fears 📜: Any negative regulatory news or crackdowns on cryptocurrencies can lead to selling pressure.

Market Sentiment Shift 😟: If overall market sentiment turns bearish, Bitcoin may follow suit.
Profit-Taking 💸: After a strong rally, traders might take profits, causing a pullback.

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สแนปชอต
More than 50% target achieved and now keep patience for more updates.
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I am hitting a like to those who really liked my analysis and kept patience as they can be part of my family. Note there is no financial advice all trading and your trades with my analysis will be your responsibility just I am here to post my idea with my critical thinking. สแนปชอต
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Congratulation to the traders and followers. The given analysis successfully achieved.

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