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🔥Bitcoin Next Step: Aim for $100,000 and Higher Targets? + Chande Theory Charting Teaching 22 Lessons 👇 + Recently Continuous take profit of 120 Orders Without Loss 🎉
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Currently, $100,000 is the recent main target for Bitcoin prices, but what really deserves attention is whether Bitcoin has the ability to break through this important psychological barrier and reach new historical highs?
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From a technical perspective, Bitcoin is currently at a critical turning point. If it can maintain a steady position between $90,000 and $95,000 and further consolidate the support range, the possibility of challenging and breaking the historical high of $108,000 will significantly increase. Once it breaks through, the upward space for the next phase is expected to open up, and it may even test $130,000 in the next cycle.
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🔥Bitcoin has currently regained multiple important technical indicators, such as the Short-Term Holder Realized Price, 100-day, 200-day, and 365-day moving averages, all of which are seen as symbols of a strong market structure.
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However, the possibility of a pullback cannot be ruled out. If Bitcoin fails to hold the current support, or if the global market environment suddenly turns bearish, its price may fall back to the $80,000 range. At that time, the market will face an important "retest," and if it cannot quickly recover the key levels, it may trigger deeper downward risks.
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