Bitcoin / TetherUS
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#BTC: QUICK UPDATE! TESTING YOUR PATIENCE!!

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Hey everyone!

Appreciate a like and follow if this analysis helps!

Bitcoin is currently trading sideways around the $58k level. The daily chart shows a potential bull flag formation, suggesting a period of consolidation before a significant move. I anticipate this sideways action to continue for another 3-4 weeks.

While we wait, accumulating promising projects like FET, ONDO, JUP, RENDER, and INJ could be a strategic move.

Key indicators to watch:

RSI divergence: A bullish divergence on the RSI could signal a potential breakout.
Volume profile: An increase in volume during consolidation can often precede a strong move.

Patience is key. A breakout from the bull flag could lead to substantial gains.

What are your thoughts on Bitcoin's current price action? Share your analysis in the comments!

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