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#Bitcoin Update ๐จ
$BTC just got rejected from the local resistance zone and printed a bearish engulfing candle on the chart โ a classic sign of potential short-term weakness.
However, it's also left behind some minor liquidity below, which could act as fuel for a possible move higher. If buyers step back in, we might still see a push toward the resistance area around $116,700.
Keeping an eye on the next 4H close. ๐๐
#Crypto BTCAnalysis #BitcoinTrading PriceAction