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Bitcoin has recently started to recover from the critical support level of $80,000. Investors are closely watching how the price will behave at these levels. Currently, BTC is trading above $81,000, which is seen as a sign of a potential new move.
Such price movements usually indicate that major players are taking positions. The eagerly awaited question in the market is whether the price will rise to $100,000. Technical indicators seem to point to this possibility, but support levels remain important.
While there is a short-term risk of closing below $80,000, the upside potential is also quite attractive. Many traders are now starting to take positions around this area, which supports a price rebound.