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Bitcoin Short Term: further advance

Jul 28, 2025 6:53 AM
long positions above 109000 with targets at 129500 & 139000 in extension.
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Pivot: 109000
Our preference:
long positions above 109000 with targets at 129500 & 139000 in extension.
Alternative scenario:
below 109000 look for further downside with 99000 & 93000 as targets.
Comment:
the RSI lacks downward momentum.
Supports and resistances:
142000
139000
129500
119551 Last
109000
99000
93000
Disclaimer: References, analysis and trading strategies are provided by the third-party provider, Trading Central, and the point of view is based on the independent assessment and judgment of the analyst, without considering the investment objectives and financial situation of the investors. All strategic opinions do not constitute investment advice or recommendations and are for references only. Our company also does not guarantee the accuracy of the strategic views and does not take any responsibility for the negative results caused by the trading strategies.
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