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Bitcoin Market Update: Navigating Volatility ๐
The Bitcoin market continues to show strong swings as investors weigh macroeconomic signals and crypto sentiment. Key support levels around $45,500 remain crucial, while resistance near $49,200 could determine the next bullish push. Traders are closely monitoring on-chain activity and BTC fund flows to anticipate potential breakout opportunities. Staying informed and disciplined is critical in this dynamic market.
Key Takeaways:
Support: $45,500
Resistance: $49,200
On-chain metrics suggest steady accumulation
Market sentiment is cautiously optimistic
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