The bitcoin analysis from last week indicated that Bitcoin increased. Bitcoin is approaching the $17,400 barrier level, and large sell orders have been placed there. As a result, a pullback in Bitcoin is anticipated from this region. (The first goal in the last analysis, which will be attained, was $17,400).

Bitcoin will next correct to about $16,200, with several ongoing purchase orders. Of course, it will take a few weeks for Bitcoin to fix itself in this area.
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