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Greeks.live: Bitcoin Stuck in $105,000-$110,000 Range for Too Long, Lacks Clear Direction

Summary: According to reports from Greeks.live, macro researcher Adam pointed out in a Chinese community brief that there is widespread anxiety in the market, with traders feeling that Bitcoin has been stuck in the $105,000-$110,000 range for too long, lacking a clear direction. Traders are closely watching $107,000 as a key support level for Bitcoin, with ...

According to reports from Greeks.live, macro researcher Adam pointed out in a Chinese community brief that there is widespread anxiety in the market, with traders feeling that Bitcoin has been stuck in the $105,000-$110,000 range for too long, lacking a clear direction. Traders are closely watching $107,000 as a key support level for Bitcoin, with many believing that a drop below this level would not bode well for the market, while also anticipating volatility through a false breakout to new highs.

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Link: Greeks.live: Bitcoin Stuck in $105,000-$110,000 Range for Too Long, Lacks Clear Direction   [Copy]
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