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Aug 24, 2023 10:04 AM

BTC Price Analysis: Charting a Path to Higher Ground Amidst Tech Short

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BTC Price Analysis: Charting a Path to Higher Ground Amidst Technical Signals

"One of the potential scenarios envisions BTC retracing 50% from the price of 24,771 to approximately 28,456, encountering diagonal resistance. Following this, it could find support along the yearly diagonal trendline in the range between 23,400 and 23,700. A successful rebound from this juncture might propel it to significantly higher levels."
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