$BTC is currently showing sideways to slightly bullish momentum on the candle chart. Recent candles have long wicks, suggesting strong buying interest near support and selling pressure near resistance.
A series of higher lows indicates buyers are slowly gaining control, but small candle bodies reflect market indecision. If BTC closes with a strong bullish candle above resistance, a short-term upward move could follow.
However, failure to hold support and a bearish engulfing candle would signal potential downside continuation. Overall, BTC remains in a consolidation phase, waiting for a clear breakout direction. 📊🚀
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BTC
68,320.28
-0.11%