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BTC price action below 113k

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Analysis

The statement reports a clear near-term bearish move: BTC breaks below the key level of 113,000 and currently trades around 112,990, with a 24-hour drop of approximately 3%. This creates a short-term ...

Recommendation

Recommendation: Maintain a cautious stance. Avoid aggressive long positions until BTC forms a clear bullish structure (e.g., daily close above 113k with a supporting volume spike). If already short or...

Disclaimer

The 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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