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The price of bitcoin remains stable above the level of $101,000, which signals the consolidation phase. Right now, traders are analyzing contradictory indicators of oscillators and moving averages on different timeframes.

On the hourly chart, bitcoin shows a moderate upward trend after falling from $102,582 to $99.250. The range of $99,000–99,500 established reliable support, and direct resistance was found at about $101,000–101,500.

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