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Bitcoin Price Update 🚀

🔸Current Price: $99,026 🔸24-Hour Change: +2.28% 🔸Market Cap: $1.96T 🔸Market Dominance: 55.96% Bitcoin is nearing its cycle high of $99,720 and showing strong bullish momentum! With a Fear & Greed Index of 70 (Greed), there's optimism, but caution is key as we approach resistance levels. Prediction: Bitcoin is likely to rise if it breaks the $99,720 resistance, potentially aiming for $100K.  A dip below $98,000 could signal a short-term decline.  Stay tuned! 

What's Happening with Bitcoin?

Bitcoin has been around $92k since November, and people are unsure if it will go up or down. Recently, it dropped below $90k for the first time since November, and it might be oversold. The market is feeling fearful, with the Fear & Greed Index at 46, which means people are nervous. When people are scared, they sell, but this could be a chance for others to buy at lower prices. Many traders are being liquidated, both long and short positions. bitcoin

Is Bitcoin About to Break Out?

Since Bitcoin hit $90,000 on Nov. 19, it’s been stuck between $91K and $108K. Experts think this phase might end soon, and Bitcoin could make a big move. What to watch for: ☛ Bitcoin usually corrects for 3-4 weeks. ☛ Bollinger Bands show the price could be ready to change. ☛ With Trump’s Jan. 20 inauguration, Bitcoin could go higher, with traders aiming for $100K+. Will Bitcoin rise soon? Stay tuned!