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Bitcoin, which fell to $93,000 in yesterday’s downtrend, rose 3% to $96,000 in today’s trading. This price increase indicates a return of demand and increased buying pressure in the cryptocurrency market. Analysts believe that breaking through the $96,000 level could be a sign of a continuation of the upward trend, but maintaining this level is necessary to confirm sustainable growth.
The price chart shows that after Bitcoin reached the bottom of $93,000, trading volume increased and buyers re-entered the market. If this trend continues, Bitcoin could approach higher resistance, but market volatility can still affect the price trend 0 reply
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