#bitcoin Analysis
#BTC is currently holding above the established range and support level after a significant rejection, indicating the potential continuation of the range-bound movement.
On higher time frames (HTF), the price is encountering a strong resistance area, leading to a consolidation phase. It is advisable to use tight stop losses in any position, considering that the price is currently at a support level and there is a possibility of a breakout in the near future.
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$BTC
