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BTC

Bitcoin Target Breakout Above 104,800 Likely to Push to 105,100+

If Bitcoin breaks through the 104,800 mark now, there is a 90% confidence that the price will move towards 105,100 and higher. Currently, I have a short position at 104,750 and a stop-loss with a reversal at 104,850.
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AI Analysis

The opinion suggests a bullish breakout scenario for Bitcoin if the 104,800 resistance level is surpassed. The high confidence (90%) indicates strong technical or market sentiment backing this move. T...

AI Recommendation

Given the current analysis, it makes sense to maintain the short position with the stop-loss at 104,850. If Bitcoin breaks through the 104,800 resistance convincingly, it would confirm the bullish mov...

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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