AbuOws
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AbuOws
The BTC/USD weekly chart shows strong bullish momentum, trading near $97,035, with a clear uptrend supported by key moving averages.Key Structure: Bitcoin is currently consolidating within a symmetrical triangle after a strong rally. A breakout from this pattern could signal the next major move.Support & Resistance: Immediate support lies around $88,352, aligning with the lower boundary of the consolidation zone. Resistance is near $110,000, with a long-term trendline suggesting a possible move towards $140,000.Potential Scenario: A period of sideways movement within the highlighted range before an upward breakout aligning with the broader bullish trend.A confirmed breakout above $110,000 could accelerate Bitcoin's rally towards new highs. However, a breakdown below support may retest the rising trendline around $74,000.What are your thoughts? Will BTC break out soon? 🚀📈 #Bitcoin #Crypto #BTCUSD
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