#BTCNextMove “Bitcoin: What is the next move after reaching a historic peak?

In recent days, Bitcoin (BTC) has reached an all-time high, exceeding the threshold of 106,000 USD. However, the price subsequently corrected and is now fluctuating around 97,000 USD.

According to technical analysis, the current important resistance level is at the 100,000 USD range, while the strong support zone is at 90,000 USD. Breaking through either of these levels could determine the next trend of BTC.

Additionally, fundamental factors such as the monetary policy of the U.S. Federal Reserve (Fed), global acceptance of cryptocurrencies, and statements from political leaders also significantly influence the price of Bitcoin. For example, the price of Bitcoin surged after President-elect Donald Trump announced plans to expand the use of cryptocurrencies.

Given the current situation, investors should closely monitor market fluctuations and carefully consider before making investment decisions.

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