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up side breck out
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Bitcoin is trading in a descending channel around $97,630. If it breaks above $98,000, it could rally to $100,000. If rejected, it may drop to $94,000 - $95,000.
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1. Market Structure Analysis •
° The overall trend is bullish, as indicated by the ascending trendline.
• The price is currently testing a support zone (red area).
• A breakout or rejection at this zone will determine the next move.