Bitcoin / TetherUS
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BTC/USDT 1DAY UPDATE BY CRYPTOSANDERS

Hello, welcome to this BITCOIN /USDT update by CRYPTO SANDERS.

CHART ANALYSIS:- Bitcoin After finding support at the 50-day moving average of around the price started a steady increase, aiming to cross the 30K area for the second time. However, bitcoin failed to overcome this important resistance area, resulting in a slight decline.

Nevertheless, BTC price is currently consolidating within a tight range of the 50-day moving average at 28K and 30K.

A breakout beyond the 30K area would significantly impact market sentiment, as it is a key psychological resistance. Conversely, a drop below the 50-day moving average could result in volatility and consolidation in the lower price ranges.

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BTCbtcanalysisbtclongbtcshortBTCUSDTChart PatternscryptosandersTechnical IndicatorssandersTrend Analysis

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