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Bitcoin Price Prediction: BTC Smashes $94,200 Resistance as Selling Dries Up — $100K Loading?
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TL;DR:
Bitcoin confirmed strength after breaking through $94,200 resistance and nearing the 50-week EMA at $97,200, with the Value Days Destroyed indicator at historically low levels suggesting long-term holders aren't selling as the rally builds momentum toward $100,000. The post Bitcoin Price Prediction:...
Key Points:
Background:
Cryptocurrency markets continue to evolve with new developments affecting the broader digital asset ecosystem.
Why It Matters:
This development could influence BTC price action and market sentiment in the near term.