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BTC

Bitcoin Set for Support Flip at $110K-$112K

The usual expectation is that a previous resistance level will turn into the new support. The target range is 110,000 to 112,000.
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AI Analysis

Bitcoin (BTC/USDT) currently trades around 117,607.3 USD. Historically, traders often interpret previous resistance levels as potential new support zones once surpassed, which could suggest that if BT...

AI Recommendation

Traders should consider watchful patience around the 110K-112K support zone, as a bounce could present a buying opportunity with a confirmed support. Conversely, a sustained breach below this range mi...

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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