Bitcoin Stabilizes Within Range as Short-Term Trend Improves

Bitcoin is above the 100-period moving average on both the hourly and four-hour chart as the corrective phase stabilizes. Bitcoin (BTC) is holding its short-term support above $35,000 and could face resistance near $42,000. Prices continue to consolidate, suggesting selling pressure is weakening. Typically, volatility declines during consolidation phases, encouraging buyers to return, albeit briefly.

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