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The clear upward trend is evident, with Bitcoin currently trading at $81,380.01.
The achieved peak: The price recorded a temporary high at $81,712.32 before pulling back slightly for correction.
Expected targets:
First target: Re-test the recent high at $81,712. A breakout and sustained above this level open the door for further gains.
Second target: The psychological level at $82,500.
Third (long-term) target: Zone between $83,400 and $84,000 based on the current upward trend's price extensions.
Support levels (for risk management):
First support: Zone around $80,964 (7-day moving average), breaking this could lead to a deeper correction.
...
Second support: Zone around $80,452 (25-day moving average), a very strong support zone in case of profit-taking.
Main support: The previous low near $78,202.
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