Bitcoin Price Overview: New Support Emerges as Bulls Eye 100K
Bitcoin shows remarkable stability above the $95,000 mark as it consolidates below the $98,000 resistance level. Recent activity from the SOPR indicator suggests a golden cross, indicating the potential for upward movement in the coming months. Traders are closely monitoring these levels for signs of a breakout as the market gears up for a possible bullish run. With the bulls targeting the $100K mark, investors are eager to see if Bitcoin can maintain its structure and head towards new price milestones. Keeping an eye on market trends may prove rewarding in this evolving landscape.
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