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$BTC Analysis and Market Update

🔸Support Zone: Bitcoin's price is still above the marked support zone. If buyers continue to hold, this demand zone (orderblock) will result in consolidation.

🔸Breakdown Scenario: If Bitcoin breaks down from the current demand zone, it will test the next demand zone, starting from $64,500 down to $62,800.

🔸SMA 100: As long as the 100 SMA on the daily time frame is not broken, we remain in a bullish trend.

Short-term Analysis:

🔸4-Hour and 6-Hour Time Frames: Bitcoin is showing accumulation movements and forming a hidden bullish divergence.

🔸Price Action: Bitcoin will test the support zone and is likely to pump strongly unless impacted by significant negative news.

#Bitcoin Price Prediction: What is Bitcoins next move?#