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📰 【Bitcoin Faces Resistance at $78,000 and $83,000, Which May Limit the Rally: Charles Schwab】
The Charles Schwab Research Institute warns that Bitcoin faces key resistance in the $78,000 to $83,000 investor cost-basis range.
These analysts at Charles Schwab spend all day drawing lines on the cost basis, and you’ve scared off retail investors. $BTC If it really wants to rise, these so-called resistance levels are just paper. After researching for half a day, it’s better to go check what the whale wallets are doing on-chain. Even old retail investors know this—when market sentiment turns, no cost basis line can stop it.
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