strong buy

Bitcoin Could Face Deeper Downturn as $104,500 Support Comes Into Focus

Bitcoin might be heading towards a deeper correction, with the weekly close at $104,500 becoming a crucial support level.
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AI Analysis

The recent market movements indicate increased volatility for Bitcoin, with technical indicators hinting at potential downside risk. The significance of the $104,500 support level on the weekly chart ...

AI Recommendation

Given the current technical signals, it might be prudent for investors to adopt a cautious stance. Monitoring the $104,500 level closely is essential, as a weekly close below this support could indica...

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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