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BTCUSD consolidation around 60000$

BINANCE:BTCUSD   Bitcoin
Following the chart on the four-hour time frame, we see that Bitcoin is currently facing resistance at $ 60,000 prices. We currently have support for moving averages MA20 and EMA20. Still, it looks like Bitcoin is tired, and we can expect a potential pullback to lower moving averages MA200 and EMA200 in the $ 54000-56000 zone where we are looking for better support. For the bullish option, we need a break above $ 60,000, and we can look at this as part of the consolidation before the next pulse.

𝐅𝐢𝐧𝐚𝐧𝐜𝐞 𝐁𝐫𝐨𝐤𝐞𝐫𝐚𝐠𝐞 - 𝐒𝐭𝐨𝐜𝐤 𝐌𝐚𝐫𝐤𝐞𝐭, 𝐅𝐨𝐫𝐞𝐱 𝐍𝐞𝐰𝐬 & 𝐅𝐨𝐫𝐞𝐱 𝐁𝐫𝐨𝐤𝐞𝐫𝐬
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