After testing the $98,000 support level, Bitcoin shows signs of exhaustion in its downward move. The long-term ascending trendline remains intact, suggesting a possible bullish reversal. If this level holds, the market could regain momentum toward $120,000 and potentially break into a new all-time high zone.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.