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Fluctuating around $80,048 (after touching levels near $80,500...
Trend: Upward in the short term, supported by strong institutional inflows (around $2.7 billion into ETF funds over 3 weeks);
Key technical levels
Resistance....
$80,500: Represents a "reverse flag" resistance; a breakout and sustained above it opens the way toward $84,500.
Long-term targets: If momentum continues, analysts point to levels of $93,000 then $97,000.
Support....
$78,500: First nearby technical support level.
$72,000 - $71,900: Strong demand zone; some analysts see a return to test this area as necessary to confirm the strength of the upward trend before a larger breakout...
$BTC
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