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Bitcoin Technical Analysis on the Daily Chart
Crypto traders are closely watching Bitcoin futures as the price tests a critical technical junction. This point on the Bitcoin futures chart highlights a previously broken resistance line, depicted clearly in black, now being retested as support—a classic setup in Bitcoin technical analysis that traders often rely upon for actionable signals. The current Bitcoin futures chart shows a regression channel, highlighted in green and red. For crypto traders who utilize advanced technical analysis, a regression channel offers: • Trend Clarity: Easily identifies Bitcoin's prevailing price trend. • Dynamic Boundaries: ... (full story)
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