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Bitcoin (BTC) Should Now Break Its Chains Tonight!
Bitcoin (BTC) continues to exhibit sideways movements recently. BTC, which made a serious leap after BlackRock's spot Bitcoin ETF application, seems to have lost its bull hype for now.
BTC, which has been in the range of $ 29,800 - $ 31,400 for exactly 18 days, seems to be stuck in a range of 5 percent. The sideways movements of Bitcoin naturally led to a decrease in FOMO and interest in the industry.
There may be sharp movements in Bitcoin as of this evening.
Bitcoin is stuck enough in this zone and the bollinger bands are narrowing. Today, on the weekly closing day, he must break his chains.
BTC, which has not been able to exceed the $ 31 thousand - $ 31,500 resistance zone for a long time, can reach $ 34 thousand in a short time with the overcoming of this resistance.
It should not be forgotten that if Bitcoin loses the support of $ 29,500 - $ 30 thousand, it may decrease to the level of $ 28 thousand.
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