US EditionBitcoin Price Eyes $107K Breakout Amid High Liquidation Pressure - The Market Periodical
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Bitcoin Price Eyes $107K Breakout Amid High Liquidation Pressure - The Market Periodical
Key Insights: BTC appears to be experiencing resistance at $107,452, which is near important Fib retracement levels. A high amount of $648M liquidated makes it clear that the market is very volatile. BTC price should not fall below $100,773, or it may go back to $92K. Bitcoin (BTC) approached critical resistance at $107,452 this week as rising volatility fueled caution across the market. Analysts warn that holding above $100,773 is vital, while…
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