strong buy

Bitcoin Bulls Target $105K Resistance to Regain Control

To re-establish authority, the bulls need to push past the resistance at approximately $105,000, marked by Bitcoin’s 20-day EMA (the purple curve).
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AI Analysis

The current market sentiment surrounding Bitcoin indicates a crucial resistance level at around $105,000, defined by the 20-day EMA, which is represented as the purple curve on the chart. This level i...

AI Recommendation

Investors should monitor Bitcoin’s price action around the $105,000 level closely. A confirmed close above this resistance with supportive volume could be a bullish sign to consider entering or increa...

Disclaimer

The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

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