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Day September 17, 2023

Bitcoin’s Short-Term Outlook Remains Clouded as RSI Shows Bullish Momentum

On the daily chart, Bitcoin has been rejected at the $25K support level and is trending upward. However, the 50-day and 200-day moving averages, positioned around the $28K mark, represent significant resistance levels. For a retest and potential breakout above $30K, the price must surpass these resistance zones. The Relative…

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