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Analysis: The major resistance of BTC at the zone 94K-95K USD
According to a report from an analytics company, Bitcoin is currently facing strong resistance in the range of 94,000 USD to 95,000 USD. The market is predicted to undergo a correction to accumulate momentum for the next growth phases. This correction could test the support level in the range of 89,000 USD to 90,000 USD.
However, in terms of the structural sustainability of Bitcoin, the corrections are seen as buying opportunities. This indicates that Bitcoin remains stable and the expectations for long-term growth are justified.
Note that this information is for market data purposes only and is not an investment recommendation.
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