Julio Moreno, head of research at CryptoQuant, has indicated that Bitcoin's short-term valuation hinges on its ability to quickly recover the $112,000 mark. According to Moreno, if Bitcoin fails to achieve this, the next significant support level is expected to be around $100,000. This analysis highlights the critical price points for traders monitoring Bitcoin's market movements.
Bitcoin Faces Key Support Level at $100,000, Says Analyst
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