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MARKET UPDATE: $BTC $BTC
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$BTC is compressing inside a flag structure on the 12H timeframe.
After the strong impulsive move down toward $60K, price has been consolidating between the descending resistance near $70–71K and rising support around $66K.
Currently trading around $66.9K, this compression is reaching its apex. A breakout above $70K would invalidate the bearish flag, while a breakdown below $66K could trigger continuation toward lower levels.
#WhenisBestTimetoEntertheMarket #BTC