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Bitcoin Remains Neutral, Due for a Big Move Soon

Bitcoin continues to trade sideways within the white zone. I think the market doesn’t have a clear direction yet, but Bitcoin will have to find a direction soon. There could be a large spike up with $63k as a key target to break, or a steep decline back down to the $51k support level. I have been bearish in the short term, but BTC has been holding up pretty well above $58.4k.

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