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Author Topic: Market update  (Read 1347 times)

DayTrader

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Re: Market update
« Reply #30 on: November 28, 2023, 08:08:25 AM »
DAILY REPORT
BITCOIN & MARKET UPDATE

MTF
4H:

The 4-hour BPRO Bands define the current trading range, with the High Band adjusted to $38.2-38.5k and the Low Band spanning $36.3-36.6k.

Bitcoin's position in the mid-zone between $36.6k and $38.2k reflects a market in equilibrium, cautiously awaiting its next move.

Breaching below the $36.3k Low Band could imply a shift to bearish territory, prompting increased selloff pressures. On the upside, surpassing the $38.5k High Band could catalyze a bullish momentum, with the $40k level within reach.
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