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BTC

Potential Drop for Bitcoin and Ethereum if Key Levels Are Breached

If this weekly candle on the CME closes below 105,000 on Friday and Ethereum still has a recent gap below and will close the week under 2500, then I think the chances of seeing 9300 and 2000 are very high. So, it will become clearer in two days.
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AI Analysis

The opinion hinges on the closing prices of the weekly candles for Bitcoin and Ethereum, which are critical technical indicators for traders and analysts. A close below 105,000 on the CME in Bitcoin i...

AI Recommendation

In light of the potential support breaches indicated by upcoming weekly candle closes, traders should monitor these levels closely. It may be prudent to prepare for increased volatility and consider p...

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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