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Bitcoin Price News: BTC Retests Trend Line Support from Below – Is BTC Heading to $100K?

Summary by fxempire.com
Bitcoin is retesting a key trend line from below, raising the risk of a deeper correction toward $100K. Open interest remains near record highs, meaning a sharp drop could trigger mass liquidations. As macro uncertainty grows, this technical setup could be decisive for BTC’s next big move.
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fxempire.com broke the news in on Thursday, August 7, 2025.
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