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Crypto Technical Analysis Report – 29th May 2025

  • Bitcoin has dipped below $108,000, testing multi-day lows after failing to break above $110,000 resistance.
  • Market focus on upcoming U.S. Federal Reserve meeting minutes for signals on interest rate policy and economic indicators like PCE Index and jobless claims data.
  • BTC surged from $74,508 to $111,980 but pulled back to $106,600, currently trading in a range between $106,750 and $110,000.
  • To rally further, Bitcoin needs to break and sustain above the recent all-time high, with declining volumes indicating consolidation.

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