Bitcoin (
BTC
) has shown strength with bullish momentum in recent days, but the ultimate challenge is overcoming the significant 31k support/resistance level.
- A successful breach of this barrier could pave the way for
BTC
to reach the 38-40k range by mid-December.
- However, if Bitcoin fails to surpass 31k, there's a potential for a retest of the 25k support level.
BTC
) has shown strength with bullish momentum in recent days, but the ultimate challenge is overcoming the significant 31k support/resistance level. - A successful breach of this barrier could pave the way for
BTC
to reach the 38-40k range by mid-December. - However, if Bitcoin fails to surpass 31k, there's a potential for a retest of the 25k support level.
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