Bitcoin Price Prediction: BTC Stuck in a Tug of War Between $40k and $60k Levels, Bullish Breakout Still Elusive
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Bitcoin's price action is rebounding from oversold levels, indicating a potential short-term trend reversal. This rebound appears to replicate historical patterns, signalling that a bullish breakout might be on the horizon but remains elusive.
Analyst Josh of Crypto World highlighted that these price movements, combined with other market signals, could affect the entire crypto sector. Specifically, the SuperTrend indicator remains a critical factor to watch for potential future developments.
Source: coinpedia.org ↗
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