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BitcoinTradin
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Felton Fodness zBY1
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Bitcoin ($BTC ) is testing resistance at $80,500, and traders are watching closely. If BTC breaks through this level with strong volume, it could signal a bullish breakout! šŸ“ˆ Trade Strategy: Buy Signal: Enter if BTC surpasses $80,500 with confirmed volume. Sell Signal: Consider exiting if BTC drops below $78,000, indicating a possible downtrend. Key Indicators: Support: $78,000 Resistance: $80,500 RSI near overbought zone - Caution is advised! āš ļø #BTC #BitcoinTradin g #CryptoTrading #MarketWatchMay2024
Bitcoin ($BTC ) is testing resistance at $80,500, and traders are watching closely. If BTC breaks through this level with strong volume, it could signal a bullish breakout! šŸ“ˆ

Trade Strategy:

Buy Signal: Enter if BTC surpasses $80,500 with confirmed volume.

Sell Signal: Consider exiting if BTC drops below $78,000, indicating a possible downtrend.

Key Indicators:

Support: $78,000

Resistance: $80,500

RSI near overbought zone - Caution is advised! āš ļø

#BTC #BitcoinTradin g #CryptoTrading #MarketWatchMay2024
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