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Bitcoin Price Analysis: Rally to $100K or Drop Below $90K Is Next for BTC?
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Bitcoin continues to consolidate just below a major resistance cluster after a strong recovery from the December lows. The price chart shows a clear sequence of higher lows, while on-chain data indicates that the percentage of supply in profit has undergone a deep reset and is now recovering.
Technically, the market is approaching an important decision zone: either a sustained breakout above the current ceiling opens the door to a new leg higher, or a rejection here triggers a corrective phase back toward recently established support levels.
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Bitcoin Price Prediction: is BTC About to Plummet Below $90K This Week?
Has the Decline Finally Come to an End? Big Bull Cathie Wood Makes Bold Statements About Bitcoin (BTC)!
Bitcoin Price Analysis: Rally to $100K or Drop Below $90K Is Next for BTC?
Share:
Bitcoin continues to consolidate just below a major resistance cluster after a strong recovery from the December lows. The price chart shows a clear sequence of higher lows, while on-chain data indicates that the percentage of supply in profit has undergone a deep reset and is now recovering.
Technically, the market is approaching an important decision zone: either a sustained breakout above the current ceiling opens the door to a new leg higher, or a rejection here triggers a corrective phase back toward recently established support levels.
In This News
Share:
In This News
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Read More
Bitcoin Price Prediction: is BTC About to Plummet Below $90K This Week?