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TechFlow reports that on August 26, Deribit analyst Anand Raj noted Bitcoin has broken out to $65,000 as expected. However, due to the presence of a supply zone, Bitcoin may consolidate near this pivot point. Options indicators suggest Bitcoin could hover around $61,000.
Deribit analyst Anand Raj noted that Bitcoin has broken out to $65,000 as expected. However, due to the presence of a supply zone, Bitcoin may consolidate near this pivot level. Options indicators suggest Bitcoin could hover around $61,000.
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