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BTC/USD Forecast: Can Bitcoin Break $84,000 as Dip Buyers Return?
Because of this, market participants will continue to see this as a scenario where they have to look at the bond yields as a proxy, but over the longer term we have to ask questions as to whether or not the Bitcoin market can not only break above the 200-day EMA, but perhaps really start to reach higher, maybe breaking above the crucial $84,000 level. The $84,000 level, of course, is an area that's been important multiple times in the past and therefore it wouldn't be overly surprising to see this market try to not only get back there but eventually reach above it. With that being the case, market participants are ... (full story)
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