Bitcoin (BTC) is maintaining a critical support level near $102,000 following a recent dip to $98,000. The cryptocurrency is trading within a symmetrical descending broadening wedge, a pattern often associated with bullish reversals. This setup suggests a potential short-term rebound if the support holds. A breakout above $128,000 could signal a bullish continuation, while a drop below $98,000 might result in further declines.
Bitcoin Maintains Key Support at $102K Amid Bullish Pattern
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