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Jeni ๐ญ
@jenniferjak
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Bitcoin had another volatile day today, with a 3% increase followed by a 5% decrease, indicating market instability. The current price of Bitcoin is around $101,000, facing a key resistance at $102,000. In technical analysis, the 50-day Exponential Moving Average (EMA) serves as a dynamic support level and is currently near $98,000. If the price manages to break through the $102,000 resistance, there's potential for higher levels in the short term, but failure to do so could lead to a return to the previous support level. 5 replies
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