While Bitcoin's recent performance has been strong, technical indicators and on-chain data suggest caution. A short-term correction to the $92,000 and then to $90,000 range is possible, especially if the $100,000 support fails to hold. However, long-term fundamentals remain robust, with institutional interest and network security at high levels.
Traders should monitor the given key support levels and on-chain metrics closely to navigate potential volatility in the near term.
Traders should monitor the given key support levels and on-chain metrics closely to navigate potential volatility in the near term.
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