Sep 18, 2024 Short term bitcoin analysis

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Bitcoin has broken the falling trend channel in the short term and reacted strongly up. For the time being, it is difficult to say anything about the future trend direction. The currency is approacing resistance at 61400 points, which may give a negative reaction. However, a break upwards through 61400 points will be a positive signal. The currency is assessed as technically slightly negative for the short term.

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