Bitcoin Bounce Eyes $101K Target
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Bitcoin's recent bounce from a key holder cost-basis level has strengthened the case for further upside, with historical data suggesting a potential best-case target of $101,000. The $78,000 level has emerged as a critical support, defended by long-term holders, and a sustained move above $85,000 could trigger a rally toward the six-figure mark. However, failure to hold current support may lead to a retest of lower demand zones. Market participants should monitor volume and momentum indicators for confirmation of the bullish scenario.
Read full article on CoinTelegraph
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