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BTC Update: Bitcoin is currently forming a symmetrical triangle while holding the 90k support like a champ! 🚀 It’s bounced back strongly so far and is trading within the triangle—but the next big move hinges on the CPI data.
📊 Here’s what to watch for:
Bullish Scenario: If CPI data is favorable, we could see a breakout from this triangle, potentially driving BTC to a new all-time high (ATH)! 🌕 Bearish Scenario: If CPI data disappoints, BTC could revisit the 90k support. A break below 90k might take us to 85k or even lower levels. 💡 Key takeaway: Stay cautious and wait for the CPI data to give us a clear direction.
🔥 What’s your take? Are we heading for a new ATH or dipping below 90k first? Let us know your thoughts in the comments!
Let’s navigate this market together—stay tuned for updates! 🚀
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