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Crude Oil Price Forecast Update – March 7, 2025

Crude oil prices are currently showing strong bullish momentum, approaching the $67.05 mark and attempting to break through this level. This movement signals a...
HomeLatestBitcoin Price (BTCUSD) Surpasses Initial Target – Forecast for July 29, 2024

Bitcoin Price (BTCUSD) Surpasses Initial Target – Forecast for July 29, 2024

Bitcoin (BTCUSD) has opened today with notable bullish momentum, surpassing the initial target of $68,450 and approaching the next target of $70,000. The current trend suggests continued upward movement within the bullish channel identified on the chart, with potential gains extending towards $72,280.

Stochastic indicators support the anticipated rise, reinforcing the positive outlook for the upcoming sessions. However, a decline below $68,450 could reverse the bullish scenario, introducing intraday negative pressure and leading to a possible test of $67,070.

The expected trading range for today is between $68,000 (support) and $72,000 (resistance).

Trend Forecast: Bullish

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