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Forecast update for Bitcoin -05-08-2025
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Forecast update for Bitcoin -05-08-2025
Aug 5, 2025 6:58 AM

The price of (BTCUSD) rose in its last intraday trading, attempting to breach the current resistance level at $114,500, to surpass the negative pressure on the EMA50, supported by the (RSI) after the price success in offloading the overbought conditions, opening the way for achieving more of the gains on the near-term basis, especially with the emergence of positive overlapping signals.

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