Bitcoin is showing signs of a potential breakout as 10x Research forecasts a multi-week rally that could push the cryptocurrency to $110,000. Following a period of selling pressure in October and November, the market is stabilizing, with renewed buying interest. Key support is identified at $85,000, while resistance levels are noted at $91,000 and $94,700. Currently, Bitcoin trades at $88,656, marking a 1.5% increase in the past 24 hours. Traders are also monitoring altcoins amid changing capital flows.
Bitcoin Poised for Multi-Week Rally, Eyes $110K Target
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