Will Bitcoin Surpass These Key Price Barriers? 💹
Bitcoin's price stability is becoming a focal point for investors, particularly short-term investors who have concentrated their buying at an average price of $97,000. This comes amidst growing interest in whether Bitcoin can surpass critical price barriers.
Notably, CryptoQuant, a prominent on-chain analysis service, has identified the $96,700 level as a significant support zone for Bitcoin. This area is underpinned by a robust network foundation, which supports the current price levels and could play a crucial role in Bitcoin's potential future price movements.
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