Bitcoin Defends Support at $96,000 – Can BTC Reach $105,000
Analyst
Posted:
Bitcoin bulls attempt to break the $95,800 resistance
Bitcoin [BTC] continues to show resilience below $100,000 with a defined range set between $92,100 and $99,500.
The critical support level at $95,800 has been maintained by Bitcoin over the past three trading days. It has consistently closed above this mid-range threshold within each trading session. The A/D indicator is reflecting an upward trend this week. This suggests buyers are eager to acquire Bitcoin around the middle levels as market conditions stabilize.
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