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Bitcoin Bull Run Delay Hinges on $104.5K Weekly Close

The potential for a Bitcoin bull run could be postponed, with the crucial level being the $104,500 weekly closing price. The market's ability to close weekly above this threshold might determine if the current bullish momentum continues or if a delay occurs.
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AI Analysis

The recent analysis suggests that Bitcoin's bullish trajectory is at a critical juncture, with the weekly closing price poised as a decisive factor. Historically, weekly closes above significant resis...

AI Recommendation

Given the importance of the $104,500 weekly close, traders should adopt a cautious approach and avoid emphasizing aggressive positions until the market confirms a close above this key level. It is adv...

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.

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