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Aicoin: BTC will consolidate around $42,000 and adopt a wait-and-see approach during the weekend

Aicoin: BTC will consolidate around $42,000 and adopt a wait-and-see approach during the weekend

Bitget2024/01/27 06:49

Due to the weekend closure of the Chicago Mercantile Exchange (CME), there is a lack of directional market momentum. It is expected that Bitcoin will consolidate within a narrow range.

According to analysis by individual A, Bitcoin will enter a consolidation phase today. The validity period of this analysis is 1 day. Reference points for buying and selling are as follows: 

Buy point one: 41500 USDT
Buy point two: 41000 USDT
Long stop-loss point: 40500 USDT

Sell point one: 42000 USDT
Sell point two: 42500 USDT
Short stop-loss point: 43000 USDT

2

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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