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Bitcoin seems to be recovering quite well from the major support levels. I see that many traders are now focusing their eyes on that $80,000 mark – it feels like the next big target everyone is looking forward to. The support we are currently sitting on seems to be holding up quite solidly, which is a good sign for the coming weeks. Many of my contacts in the trading community believe that Bitcoin could break through this resistance if the momentum continues. It’s interesting to see how the market reacts to these levels. If Bitcoin stays here, the next attempt toward that psychological $80,000 threshold could very well succeed. Everyone is waiting to see how this develops.