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Bitcoin Nearly Breaks Support as Price Slides Below $105,000

The current trading price of Bitcoin (BTC/USDT) is approximately $104,632, reflecting a decrease of 2.73%. Over the last 24 hours, the highest price reached was around $108,450, while the lowest dipped to about $102,664. In terms of trading volume, roughly 1098.34 BTC has been exchanged during this period.
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AI Analysis

The recent price action in Bitcoin shows a notable decline of 2.73%, falling below the key psychological level of $105,000. The 24-hour high of approximately $108,450 indicates that bullish attempts h...

AI Recommendation

Given the current decline below the $105,000 level, traders should exercise caution and avoid entering new long positions until a clear reversal signal appears. Short-term traders might look for confi...

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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