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Bitcoin Approaching Critical Support Levels at $113K-$115K
Several weeks ago, when Bitcoin was valued at $120,000, I warned that attention should be paid to the end of the month because key support zones were at $113,000 and $115,000, along with significant liquidity at $111,000. My analysis indicated these levels could serve as crucial points where the market might find support or face increased trading activity, and indeed, the market has moved in accordance with these predictions.
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AI Analysis
In my recent market analysis, I pointed out that Bitcoin's price fluctuations toward the end of the month could be critical for traders and investors. The identification of $113,000 and $115,000 as ke...
AI Recommendation
Given this analysis, I recommend traders monitor Bitcoin's price action around these support zones carefully. If the price sustains above $115,000, it could signal continued bullish sentiment, but a b...
Disclaimer
The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.