Bitcoin bull flag and standard profit taking hint at eventual rally to new BTC price highs 📈
Bitcoin has been trading below the $104,000-$105,000 resistance zone. However, it might just be consolidating within a bull flag pattern, hinting at a potential breakout.
Several companies announced plans to purchase Bitcoin, sparking an increase in spot and futures trading volumes. Yet, there's hesitation among traders for strong new long leverage.
Market liquidity resources suggest Bitcoin may soon test support at $90,000-$100,000 before moving higher. Expert opinions show cautious optimism, dependent on US equity market trends.
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Bitcoin Stays Above $108K Amid Rising Demand and Supply Constraints, Potentially Eyeing $114K
Bitcoin Eyes $108,000 Amid Growing Concerns Over Trend Changes and Japan’s Debt Crisis
Bitcoin’s Resilience Amidst Macro Headwinds: Will It Break the $108,000 Barrier?
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