Bitcoin Price Prediction: BTC/USDT Makes Its Way Back Toward $90K 🚀🔥
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Bitcoin Price Prediction:
Recently, the Bitcoin market has started to reclaim lost ground due to previous downward retracements. Interestingly, price action has remained resilient as it makes its way back upward. Although some technical indicators hint at a possible trend reversal shortly, let's take a closer look at the market below.
BTC/USDT Long-Term Trend: Bearish (Daily Chart)
Key Price Levels:
Resistance: $90,000, $100,000, $105,000
Support: $85,000, $80,000, $75,000
The most recent price candle on the Bitcoin daily chart has been bullish. As a result, the market has been edging higher. The last price candle now stands above the intersecting 20-day, 50-day, 100-day, and 200-day Moving Average (MA) lines.
