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Bitcoin Prediction 2024 August 6th

Bitcoin Prediction 2024 August 6th

BTC Price:

$55,125

UTC Time: 10:39 AM

Market Sentiment

Fear and Greed Index: 17 (Extreme Fear)

BitCoin Fear & Greed Index on August 6, 2024

Technical Indicators

Relative Strength Index (RSI): 19

Key Support and Resistance Levels

Support: $49,550

Resistance: $56,300

Bitcoin Prediction

Given the current market sentiment and technical indicators:

Investment Plan:

Bitcoin Short Selling:

Around $55,200

Stop Loss:

Around $56,000

Take profit:

Around $49,550

Disclaimer: The opinions expressed are for informational purposes only and should not be construed as investment advice. Please do your own research before making any investment decisions.

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