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BTC Targets $84.5K as Support Holds at $81.5K — Is a Breakout Incoming?

Summary by Crypto News Land
The BTC price stays between $81,950 and $84,497 in consolidation but a price breakout will establish the market direction. The price targets are influenced by Fibonacci calculations and CME gaps because Fibonacci supports are at $80,300 and $88,654 while $77,500 stands out as the result of a CME gap. The price needs to stay above $81,555 since a fall below this threshold might create bearish momentum unless encouraging economic forces emerge. Bi…
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Crypto News LandCrypto News Land

BTC Targets $84.5K as Support Holds at $81.5K — Is a Breakout Incoming?

The BTC price stays between $81,950 and $84,497 in consolidation but a price breakout will establish the market direction. The price targets are influenced by Fibonacci calculations and CME gaps because Fibonacci supports are at $80,300 and $88,654 while $77,500 stands out as the result of a CME gap. The price needs to stay above $81,555 since a fall below this threshold might create bearish momentum unless encouraging economic forces emerge. Bi…

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futuremoneyfate.comfuturemoneyfate.com

Bitcoin Holds Up, but Remains Short of Relative Breakout

Stocks are in a freefall with selling pressure spreading into industrial metals and other economically sensitive commodities. There are few places to hide in bear markets, and the list of alternatives continues to shrink. Bitcoin, an alternative, is holding up relatively well since March, but this crypto is positively correlated with stocks long-term and has yet to achieve a relative breakout. Today’s report focuses on Bitcoin’s correlation and …

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futuremoneyfate.com broke the news in on Friday, April 4, 2025.
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