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BTCUSD consolidation

BINANCE:BTCUSD   Bitcoin
Over the weekend, the price of Bitcoin was in lateral consolidation in the range of 29000-31000 dollars. This morning, bitcoin managed to climb to 31,500 dollars, but after that, we had a pullback, and now we are consolidating around 30,000 dollars. To get out of the bearish trend, we need a bullish boost that would raise the price above $ 31,500. Our potential next bullish targets are $ 32,000, $ 32,690, $ 33,600 and so on. For the bearish option, we need a negative consolidation and a drop in bitcoin price below $ 29,000. After that, we can expect increased bearish pressure, and our potential bearish targets are $ 28,000, $ 27,000, $ 25,000 and so on.

𝐅𝐢𝐧𝐚𝐧𝐜𝐞 𝐁𝐫𝐨𝐤𝐞𝐫𝐚𝐠𝐞 - 𝐒𝐭𝐨𝐜𝐤 𝐌𝐚𝐫𝐤𝐞𝐭, 𝐅𝐨𝐫𝐞𝐱 𝐍𝐞𝐰𝐬 & 𝐅𝐨𝐫𝐞𝐱 𝐁𝐫𝐨𝐤𝐞𝐫𝐬
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