Bitcoin is currently descending after reaching 105k. If the drop continues, the likely immediate targets will be between 101k and 99k as the crypto may potentially find bullish pressure from these barriers. However, settling under 99k may yield to further bearish trajectory in search of a support barrier between 97k and 92k which may lead into a bull run.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.