Bitcoin Isn’t Out of Danger Yet: BTC Must Clear These Crucial Levels
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Bitcoin jumped above $80,000 earlier today, renewing speculation of a full-blown bull market and positive momentum for crypto and DeFi sentiment. However, analysts warn BTC must clear key resistance zones or it risks sliding back to $50,000, underscoring short-term technical risk and potential impact on token performance and trader positions.
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The primary cryptocurrency once again jumped above $80,000 earlier today, reinforcing the view that the resurgence could be the start of a full-blown bull market.
However, some industry participants warned that unless BTC clears crucial resistance zones, it remains at risk of sliding back all the way down to $50,000.
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In This News
Coins
$ 79.39K
+1.23%Predictions Markets
See what traders are focused on
Share:
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