Bitcoin: Why ETFs and the 200 EMA Will Be Decisive for the Next Trend

As I indicated in my analysis last week, if Bitcoin managed to close above our daily resistance zone, the next target would be between 68,000 and 70,000 dollars. Today, that is exactly what we are seeing. The price now moves above this resistance with a return of buying pressure. It is a first positive signal, but it is still too early to talk about a real trend change.

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