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Most coins are trading in the green zone, according to the website CoinMarketCap.
Bitcoin/US Dollar
The price of Bitcoin (BTC) has been almost unchanged since yesterday.
On the hourly chart, BTC price is approaching the $98,557 support level. If the crisis breaks out, one can expect the $98,000 range to be tested soon.
On the longer time frame, the bulls failed to sustain the upward movement seen yesterday.
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If today's candle closes away from the $100,000 area, the bears could seize the initiative, which could lead to a drop to the $97,000 area soon.
From a mid-term point of view, one should pay attention to the closing of the weekly bar in terms of the vital $100,000 mark. If this happens around or above it, the accumulated energy could be enough to move to the $105,374 resistance level.
Bitcoin is trading at $99,249 at press time.
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