Coinbry

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  • 24h Vol: $138,058,482,214.04
  • BTC Dominance: 50.73%
Bitcoin Bulls Hold Strong at $34K as Trader Anticipates Next Price Surge

Bitcoin Bulls Hold Strong at $34K as Trader Anticipates Next Price Surge

– Bitcoin is showing signs of setting up for another climb above $35,000, according to analysis.

– The cryptocurrency has been consolidating higher over the weekend, with support holding at $34,000.

– Popular trader Credible Crypto suggests that a move past $35,000 is the next logical step, highlighting key levels to watch.

– Strong volume and a lack of selling pressure are contributing to the positive trajectory.

– Traders are also noting the importance of the CME Bitcoin futures closing price and the 200-period exponential moving average as potential support levels.

– However, it’s important to conduct your own research and consider the risks before making any investment decisions.

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