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Posted: 2025-05-12 11:36:32 UTC
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
Status
Last Updated
2025-05-12 11:36:40 UTC
Verified By
Rollup News
Bitcoin's price is showing strong upward momentum within an ascending channel, with a previous resistance level of $106.4k now acting as support. The analysis suggests that bears should wait for a shift in market structure before considering any counter moves.
Strong upward momentum
Ascending channel
Previous resistance becoming support at $106.4k
Bears advised to wait for structure shift