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Bitcoin Forecast: Bitcoin Continues to Look Strong Overall
Bitcoin experienced a significant rally during the trading session on Friday, with the cryptocurrency using the $40,000 level as a foundation for its upward movement. This development is a positive indicator for investors who are optimistic about Bitcoin's prospects. Previously, the cryptocurrency appeared to be in a stagnant phase around the $40,000 mark, raising questions about its potential for growth. However, the recent rally suggests a shift in this trend.The market is currently in a consolidation phase, with the $38,000 to $40,000 range serving as a substantial support zone. On the higher end, Bitcoin faces ... (full story)