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#MarketUpdate Bitcoin continues to struggle to break above the $69k mark, facing a strong rejection around $68.8k. There was a positive response at $67.2k, but if prices dip below this level, the key support at $66.8k (Monday's low) must hold to avoid further declines. Given recent successful trades, it makes sense to remain patient and observe the next reactions at these critical levels.
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#MarketUpdate Yesterday's correction on $BTC was perfect, giving us amazing entries on my long . This was a retest of the 4 hour demand mentioned at $65k. Great reaction so far and BTC has reclaimed $66.8k (Monday Low.) Looking for this to hold as 4 hour support and then we can consider a move back towards $69k. Any correction today and I want to see $66k maintained at each 4 hour close.
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Market Update - After multiple bounces from $66.8k Monday Low, Bitcoin is starting to show weakness at this level. From here I am looking for a strong 4 hour close back above this level, but I think there is a good chance that we see a sweep of $65.5k - $65k 4 hour demand. If BTC does not develop a local bottom there, it is possible we see a quick move towards the Monthly Open level at $63k.
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#Market_Update Bitcoin is currently facing a tough resistance at $69,200, the all-time high from 2021. So far, we haven’t seen a 4-hour close above this level, and the recent price action indicates a rejection. As we look forward to the Monday range, here are the key levels to watch: Support: $68,000. This level needs to hold for a bullish outlook to remain intact.If $68,000 Fails: Look for a retest around $66,500.If we can achieve a 4-hour close above $69,200, we could see a quick move towards the all-time high again. Overall, the next few hours will be crucial in determining Bitcoin's short-term direction
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