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BTC/USD Set for Continued Growth: Key Levels to Watch
Bitcoin prices are in a strong uptrend, with higher highs and higher lows recently. The price has surpassed the $88,800 resistance level and is currently trading near $88,000, showing signs of continued upward movement. The nearest support level is currently $85,500. However, if the price continues to stay above key support levels, it may continue the uptrend and approach higher levels such as $90,500 or $92,000 in the short term. Monetary Policy and Fed’s Impact: The Fed maintains a cautious monetary policy: The U.S. Federal Reserve continues to maintain a cautious monetary policy, with expectations of no rate ... (full story)