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Bitcoin is currently trying to establish a new (base) to retest resistance levels above $80,000. After passing the capitulation (surrender) phase among miners and speculators in February, trading volume is now beginning to stabilize, indicating accumulation by long-term holders.
Considering your interest in FOMC policies and the DXY index, the dollar's movement in the coming days will be key in determining whether this April rally will continue into a larger "bull run" or remain in a consolidation zone.
#GateSquareAprilPostingChallenge