🚨$BTC /USDT Technical Analysis:🚨

📊The Bitcoin price has been consolidating in a tight range for the past few days, indicating indecision among market participants. The current price is around $76,594.96, and the 24-hour trading volume is $2.93B.

📉Short-Term Outlook:

* Short Entry: Consider a short position at $77,199.99 (24-hour high).

* Stop Loss: Place a stop loss above the recent high to protect against potential upside movement.

📈Long-Term Outlook:

* Long Entry: Wait for a break above the $77,199.99 resistance level to confirm a bullish trend.

* Stop Loss: Place a stop loss below the recent low to minimize losses in case the price continues to decline.

📝Note:

* The market is highly volatile, and prices can fluctuate rapidly.

* Always conduct thorough research and consider consulting with a financial advisor before making any investment decisions.

⚠️Disclaimer:

This analysis is for informational purposes only and does not constitute financial advice. Please do your own research and consult with a financial advisor before making any investment decisions.

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