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January 6, 2025

Bitcoin Rallies: Can It Break $100K This Week?

Bitcoin Shows Signs of Bullish Strength

Bitcoin’s price has rebounded substantially, soaring approximately 6.9 percent since the start of 2025. This momentum has brought Bitcoin to a crucial resistance level of around $99,300 during the New York session on January 6. Traders are optimistic about a potential surge past the $100,000 mark.

The fear of Bitcoin dipping below $90,000 has diminished significantly, fueling bullish sentiment. Investors remain keen on Bitcoin’s trajectory as anticipation builds around its price reaching new heights.

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