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Crypto Market Update:
1. Bitcoin Support Levels:
$90,600 and $85,000: Strong support levels (indicating the presence of buyers at these levels).
2. Bitcoin Resistance Levels:
$98,000 and $103,000: Strong resistance levels (indicating sellers are likely to sell Bitcoin at these points).
Since the market heavily depends on Bitcoin, this update provides you with the key levels. It’s up to you to decide your next move with your funds based on this information.
Analysis:
Bitcoin has so far held its $90,600 and $85,000 support levels. However, the key resistance levels are currently at $98,000 and $103,000. Trading near these critical levels requires caution, and it’s important to manage your risk carefully.
For Bitcoin, it’s crucial to hold the $90,600 support level. If the price closes below this level on a daily timeframe, it may aim to fill the