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Bitcoin Risks Reversal Without Key Resistance Breakthrough

If Bitcoin does not surpass 108,700 with 7 reds and 7 sales, it will decline.
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AI Analysis

The current analysis indicates that Bitcoin's price is at a critical resistance level of 108,700. The reference to '7 reds and 7 sales' likely points to technical indicators or candlestick patterns th...

AI Recommendation

Given the current technical outlook, it is advisable for traders to be cautious around the 108,700 resistance level. Waiting for a confirmed breakout with strong volume and multiple bullish indicators...

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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