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Jan 6, 2024 12:00 PM

Bitcoin(BTC/USD) Daily Chart Analysis For Week of Jan 5, 2024 

Bitcoin / U.S. dollarBitstamp

Description

Technical Analysis and Outlook:
Bitcoin had a successful week of trading. It completed our Inner Coin Rally 45900, a positive indicator for the crypto market. Bitcoin is currently fluctuating between a Key Resistance of 45000, a level the currency is trying to surpass, and a Mean Support range of 42800, indicating a potential upward trend in price.
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