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Bitcoin Technical Analysis: BTC Could Test $95K Again With 'Long Wicks' at 200-Day Average Support

Summary by Coin Desk
Signs of seller exhaustion at the 200-day SMA suggests scope for a price bounce.
DisclaimerThis story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.

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Coin DeskCoin Desk

Bitcoin Technical Analysis: BTC Could Test $95K Again With 'Long Wicks' at 200-Day Average Support

Signs of seller exhaustion at the 200-day SMA suggests scope for a price bounce.

·Manila, Philippines
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Bitcoin.comBitcoin.com
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Cryptocurrency News | Cryptocurrency Prices | Market CapCryptocurrency News | Cryptocurrency Prices | Market Cap

BTC Price Analysis: Bulls Eye $95K as Key Resistance Levels Tighten – Markets and Prices Bitcoin News

Bitcoin vaulted to $90,106, reflecting a $1.78 trillion market valuation and $52 billion in daily trading activity, as price volatility danced between $86,415 and $90,917—a microcosm of a market balancing consolidation with latent ambition. BTC Bitcoin‘s daily chart scrutiny unveils a prolonged uptrend birthed in late 2024, peaking near $109,356 per BTC before retreating. The […]

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skopemag.comskopemag.com

Technical Analysis for Bitcoin Traders: Key Indicators Explained - Skope Entertainment Inc

Technical analysis is an essential ability for Bitcoin traders aiming to make knowledgeable investment choices. In contrast to fundamental analysis, which investigates basic economic elements, technical analysis emphasizes price trends, trading volumes, and past patterns. By grasping essential indicators and chart patterns, traders can create a more tactical method for maneuvering through the unpredictable cryptocurrency market. Understanding ke…

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Coin Desk broke the news in Manila, Philippines on Wednesday, March 5, 2025.
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