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Bitcoin stabilizes above $95,000: Are we close to $100,000?
$BTC
Bitcoin reaches a new historical level by stabilizing its price above $95,000 today, April 29, 2025, amidst massive inflows from U.S. ETFs amounting to $591 million in a single day.
Technical analysis:
The price is facing resistance between 95K–96K.
RSI indicates overbought conditions.
Trading volumes are declining, indicating a possible correction soon.
Fundamental analysis:
Bitcoin reaches a new historical level by stabilizing its price above $95,000 today, April 29, 2025, amidst massive inflows from U.S. ETFs amounting to $591 million in a single day.
Technical analysis:
The price is facing resistance between 95K–96K.
RSI indicates overbought conditions.
Trading volumes are declining, indicating a possible correction soon.
Fundamental analysis:
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