Bitcoin is trading near a significant fair value zone, with analysts highlighting repeated structural reactions at this level. The cryptocurrency maintains stable higher lows on both monthly and intraday charts, staying above crucial support levels. Technical analysis indicates a corrective wedge pattern, suggesting potential price targets of $102,000 and $110,000 if support holds. The current price structure is reminiscent of past reactions, pointing to a possible bounce. Monthly charts show orderly movement within a defined range, while intraday data reveals controlled price waves and increasing volume near support.
Bitcoin Stabilizes Near Key Support, Analysts Eye Potential Upside
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