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Final Countdown? Bitcoin & Solana's Price Action Hints at a Last Bull Stampede

From dailyforex.com

As shown on the chart above, the region between $111,500 and $112,500 has served as a major support and resistance level since May. Many traders are now closely watching how Bitcoin performs from here, with some predicting another bull stampede higher, while others are calling for a sub-$100k BTC before this correction is over. Market analyst CoinsKid noted that King Crypto has “double-tapped the bull market support (BMS) and broken a resistance trend line,” noting that if it can extend the momentum, it could venture into price discovery mode “once more.” Roman Trading suggested that a lower price point is likely ... (full story)

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  • Category: Technical Analysis