Bitcoin Defends Key Support Amid Nasdaq Risk
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Bitcoin is holding above critical long-term support levels, with a potential rally toward $92,630 in sight. The cryptocurrency's resilience comes despite the Nasdaq flashing signs of deeper correction, which typically correlates with risk asset sell-offs. However, BTC's ability to maintain its current range suggests growing decoupling from traditional equities. If the Nasdaq continues to decline, Bitcoin may face headwinds, but strong support at current levels indicates that buyers are stepping in. The $92,630 target represents a key resistance zone that could confirm bullish momentum if breached. Traders should monitor both BTC's support and the Nasdaq's trajectory for directional cues.
Read full article on CoinTelegraph
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