BTC is holding this level quite well which is a positive sign for the entire market. If we look at the daily chart an inverted hammer candle is forming indicating that buyers are active. The upcoming week is going to be very important for the market as we also have the monthly closing. If we get a close above 88K that would be another strong bullish sign. BTC is currently trading around $93,500 and from here, we are expecting it to reclaim the 98K level. Keep in mind, small dips in between are normal. Short-term support is around $91,300.

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