Bitcoin's 100-day moving average is approaching a crucial test as it converges with the current price. A breach above this level could signal a strong uptrend, while a failure to break above could lead to a deeper correction. Market sentiment is divided, but one thing is clear: the next few days will be crucial in determining the direction of the flagship cryptocurrency.

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This is a key technical level that will dictate the short-term direction of Bitcoin. A break above the 100-day MA could be a strong buy signal, while a failure to break could lead to a pullback.