Bitcoin (BTC) is currently trading within a clear sideways range between levels of 84,400 and 90,200 dollars.
The recent rebound from the lower demand zone supports the move towards the medium-term resistance at 88,300 dollars, which is a crucial breakout point to regain bullish momentum.
Stability above the current support levels favors the scenario of targeting levels of 92,000 dollars, while any rejection at the resistance could send us back to test the range base again.
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Bitcoin (BTC) is currently trading within a clear sideways range between levels of 84,400 and 90,200 dollars.
The recent rebound from the lower demand zone supports the move towards the medium-term resistance at 88,300 dollars, which is a crucial breakout point to regain bullish momentum.
Stability above the current support levels favors the scenario of targeting levels of 92,000 dollars, while any rejection at the resistance could send us back to test the range base again.
$BTC
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