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Bitcoin Support Levels and Selling Pressure Consideration

It is unlikely that Max 100k is support because it is a solid support range, but the ones above, where the bitcoins are for sale on the screenshot, amount to 96 units. Someone who can check may see where they actually stuck; they might be moving just to scare and are holding to keep the price down.
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AI Analysis

The opinion suggests that the support level around 100,000 might be more robust than perceived because it falls within a strong support range. The mention of 96 bitcoins for sale above the current pri...

AI Recommendation

Given the analysis, it is advisable to monitor the actual movement of the large sell orders closely. If they remain static and do not execute, the support around 100,000 could hold, providing a buying...

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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