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2025-02-21 13:12:23
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cointelegraph.com11 on Nostr: cointelegraph.com11 ✍️ Bitcoin traders and analysts believe that if the price of ...



✍️ Bitcoin traders and analysts believe that if the price of BTC/USD closes above $97,000, it could trigger a rally to new all-time highs.
👉 Bitcoin price needs to hold above $97,000 to sustain the recovery
👉 A weekly close above $97,000 could trigger a rally to new all-time highs
👉 The price is currently sitting on immediate support provided by the lower boundary of a pennant at $97,028
👉 Key support levels to watch are $97,500 and $96,450
👉 The wall of bid liquidity building up above $98,000 suggests it can act like a magnet for BTC price

#RektCapital #WarrenMuppet #technology


Bitcoin could make a run for all-time highs if a key support level holds, new BTC price analysis concludes.
https://cointelegraph.com/news/bitcoin-price-must-close-above-97k-ath-analysis

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