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Will the 50,000 level be the next target?
Bitcoin is currently trading below the first CVDD line after breaking it, which is a negative signal as long as it does not reclaim this level.
Continued trading below this line increases the likelihood of targeting the next CVDD line in the coming period, which is located near the 50,000 dollar area.
This scenario is invalidated by a daily close above 61,900, the first CVDD line that was broken; then the price may return to test the higher levels again.
BTC .
Away from news and emotions, watch the daily close as it is the decisive factor in this scenario.
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#GateCompletesDividendDistribution #StrategyBuybackSurges12%