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BTC/USD: Buyers Defend $84K Ahead of Breakout
The market is still technically in a bearish phase, and I do see that, but if we were to break above the $96,000 level, I think that opens up a potential move to the $107,000 level with a little bit of noise being shown right around $100,000. This is not only due to the psychology of that number, but also the fact that the 200-day EMA is there. A Transition to Institutional Maturity I think we have to look at this as a situation where traders are going to have to be very cautious. They will probably have to look at this as a market that you have to think longer term and tactically on, instead of just running into ... (full story)
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