Bitcoin Price Watch: Tight Range Signals a Major Move Incoming
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Bitcoin and Ethereum are experiencing tight price ranges, signaling potential significant market movement. Bitcoin is trading around $84,160 with compressed volatility, while Ethereum hovers near $5,703. Technical indicators suggest a possible trend reversal or acceleration, with key support and resistance levels closely watched by traders.
March 22, 2025 | 1:45 pm
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Bitcoin is trading in a narrow range between $83,238 and $84,492, with technical indicators pointing to potential increased volatility. Traders are monitoring support at $83,500 and resistance at $84,800.
The tight trading range and neutral technical indicators suggest uncertainty, with potential for both upward and downward movement. The market is waiting for a catalyst to determine direction.
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