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Bitcoin
Long

BTC Long

By japeshAGRAWAL
Updated
Bitcoin has entered an area of interest (AOI) where significant trading activity is expected, supported by high-volume levels and overlapping Fibonacci retracement zones. This confluence of technical factors, including historical price reactions and strong buying or selling volume, suggests a potential move toward a target price of 97,400.The Fibonacci levels, often used to identify key retracement or extension zones, align with this area, adding confidence to the analysis. With a risk-reward ratio of 6, the trade setup indicates a favorable opportunity for traders, assuming proper risk management is applied.
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japeshAGRAWAL

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