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The Search for Direction Continues in Bitcoin (BTC) on June 23, 12:35
The battle for 30 thousand dollars continues in Bitcoin (BTC), which has been trading in a short price range for two days.
Looking at the short-term time frame
A BTC is seen in the range of $ 29,600 – $ 30,400.
It's confusing as it doesn't clear above $30,000 and doesn't come in on the downside breakout.
Places to Follow in Bitcoin (BTC) Price
Priced in the range of 29,600 – 30,400 for approximately 3 days, BTC needs to maintain over $31,000 in order to maintain its upward momentum.
It is possible that the $31.065 level, which was tested twice recently, could act as resistance again.
Exceeding $31,000 in volume may open the way for rises to $32,400.
In a possible market pullback scenario
Support levels to follow for BTC
respectively 👎
29.250 – 28.775 – 28.200 – 27.200 – 26,818 and 25,250 dollars.
In particular, failure to break $25,250 to the downside on the big timeframe will further strengthen BTC's uptrend.
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