BTCUSDT Perpetual Contract

Sep 17, 2024 Short term bitcoin analysis

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Bitcoin has broken the falling trend channel in the short term and reacted strongly up. For the time being, it is difficult to say anything about the future trend direction. The currency is testing support at points 58000. This could give a positive reaction, but a downward breakthrough of points 58000 means a negative signal. The currency is assessed as technically neutral for the short term.

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