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BTC/USD Forecast: Looking for Buyers
If we break down from here, the $90,000 level is a large round psychologically significant figure. And that is an area that I think the market will be paying close attention to, assuming that we even get there. It's worth noting that there's a lot of market memory around the $90,000 level as we have seen both support and resistance show up there. We have the 50 day EMA sitting right around that same area as well. And therefore, I think you've got a situation where the market remains very steadfast in defending that area. Now to the upside, I think we have a significant possibility of reaching the $100,000 level ... (full story)
