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Market Analysis Today$BTC
$BTC After spending 38 hours from 87,000 to around 91,000, it quickly declined again. 91,000 is a clear resistance level. Recently, some analysts pointed out that if this resistance can be broken, Bitcoin may attempt to reach the 100,000 USD milestone. I think it's best to continue observing for now.
BTC has been trading within a narrow range for 2 weeks, making it difficult to predict the short-term trend before a breakout. However, in the medium to long term, it remains a bear market for half a year to a year, followed by a bull market. Even during a bear market, there can be rebounds, such as the one I’ve been waiting for around 98,000.