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Bitcoin at a Critical Juncture: Will It Follow Gold to New Highs?

Bitcoin at a Critical Juncture: Will It Follow Gold to New Highs? Bitcoin ($BTC) is currently approaching a major inflection point on the weekly chart. Technical indicators such as Money Flow and RSI are signaling strength, and it appears that the long-standing downtrend may be coming to an end. The big question is: Will BTC break out and follow in Gold’s footsteps as a “digital gold,” pushing toward a new all-time high (ATH)? No one can predict the future with certainty, but the odds favor a significant move if this breakout occurs. Despite recent weakness in the Nasdaq, Bitcoin has shown impressive resilience, which could be a bullish sign. However, if BTC fails to break out in the coming week, a drop to the $55K area is possible. This level aligns with strong historical support and the weekly 200 SMA — a level that many technical traders will be watching closely. So, What Can We Do? This is not financial advice , but from a long-term investor's perspective, we believe it m...