Bitcoin: Two Key Levels to Watch as BTC Moves Higher
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- Bitcoin’s MVRV deviation bands indicate potential profit-taking opportunities.
- The UTXO price distribution suggests strong support around $90,000, with resistance at $100,000 influencing BTC’s trajectory.
The price of Bitcoin [BTC] has been consolidating near the $97,000 level and exhibits resilience amidst minor fluctuations.
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