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Bitcoin is currently in its correcting phase, oscillating between resistance and support. Support is at $80,000, and resistance is at nearly $85,000. Technical indicators suggest a potential decrease in bullish momentum, but volumes remain quite high. If Bitcoin manages to break the resistance level of $85,000, it can proceed towards $90,000; failure to maintain $80,000 could open up more falling moves towards $75,000 or $70,000. 2 replies
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