In the past 45 days, a large amount of BTC has changed hands in the $94K - $101K range, forming a dense supply cluster around $98K. Generally, the longer the price consolidates within or above this range, the stronger the area becomes, acting as support during corrections and resistance during rebounds. In summary, the $98,000 level is becoming a key pivot area for BTC's next move.
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In the past 45 days, a large amount of BTC has changed hands in the $94K - $101K range, forming a dense supply cluster around $98K. Generally, the longer the price consolidates within or above this range, the stronger the area becomes, acting as support during corrections and resistance during rebounds. In summary, the $98,000 level is becoming a key pivot area for BTC's next move.