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Bitcoin at 115K Support: Consolidation Ahead of Potential Rebound
Bitcoin remains at a critical support level around $115,000, indicating a potential consolidation phase before any sustained rebound.
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Analysis
Bitcoin has repeatedly found strong bid near the $115,000 zone, suggesting this level is a substantive support floor in the current market structure. A consolidation phase often accompanies such suppo...
Recommendation
Scenario A — Bullish continuation: If Bitcoin holds above $115K and closes above immediate resistance with expanding volume, consider initiating or adding to long exposure with tight risk management (...
Disclaimer
The 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.