The current market conditions, as indicated by the 4-hour Money Flow Index (MFI) signaling a remarkably low value and a robust Relative Strength Index (RSI) holding steady on both the daily and weekly charts, suggest a potential clear breakthrough of the resistance level around 44,000. This combination of a very low MFI and a strong RSI may pave the way for a significant upward movement in the price of BTC. If this trend persists, we could witness a surge in the value, possibly reaching around 51,300 for Bitcoin. Traders and investors should closely monitor these technical indicators, as they may provide valuable insights into the upcoming market movements and potential opportunities for profit.
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