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Aicoin market analysis: Bitcoin will hit $43,000 today

Aicoin market analysis: Bitcoin will hit $43,000 today

Bitget2024/01/29 05:10
BTC-0.38%

In yesterday's trading, the price of Bitcoin reached a high of $42,850 and then fell back to the $42,000 area. This fluctuation reflects the typical characteristics of the weekend market - a pullback after a rally due to possible gaps formed by CME. Yesterday's market trend is evidence of this theory.

According to Aicoin's analysis, it is expected that Bitcoin will hit $43,000 today. The validity period for this analysis is 1 day. Reference points for buying and selling are as follows:

Buy point one: 42,000 USDT

Buy point two: 41,800 USDT

Long position stop loss point: 41,600 USDT

Sell point one: 42,500 USDT

Sell point two: 42,800 USDT

Short position stop loss point: 43,000 USDT

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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