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Strike Gold by Sharing Your TradFi Orders and Pictures!
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The market does not rise in a straight line... but rather in "steps."
-
In technical analysis, there is a golden rule:
"Resistance that is broken should turn into support."
Today, Bitcoin at levels of $95,000 is making the most important healthy move in any upward direction:
Re-testing the $94,000 zone (Breakout Retest).
-
Why is this important?
Because rapid upward movement tempts traders,
But "re-testing" is what reassures institutions.
The market is trying to confirm:
Has the $94K become a solid floor to build upon?
If this test succeeds,
The path is technically open toward the 200-day moving average (at $106,000).
Now all eyes are on the weekly close... and stability is the key.
Share your opinion...
Is this a chance to strengthen or a trap?
Share this post with your friends to spread the benefit