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BTC/USD Pullback: What’s Next for Bitcoin?

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Hello, passionate and wealthy traders! What are your thoughts on BTC/USD?

After a strong surge above the 122,500 USD zone, BTC/USD has started to experience a slight pullback. This is completely normal and necessary for Bitcoin to gain new momentum.

In my personal view, the recent peak of BTC/USD signals that this correction is in play. But where do you think BTC/USD will adjust to? Personally, I believe the 111,500 USD zone is quite reasonable. It’s also the previous breakout level, and this pullback aims to test the uptrend safely.

What about you? Where do you see BTC/USD heading? Looking forward to hearing your thoughts!
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