Bitcoin Price Prediction
Bitcoin is currently testing critical support at $95,933, with technical indicators suggesting a potential rally to $138,000 by November 17. This comes amid a bearish trend that has seen the cryptocurrency decline by 22.66% from its recent highs. Analysts are closely monitoring the situation, as the support level at $95,933 is crucial for maintaining upward momentum. If Bitcoin can hold above this support, it may pave the way for a significant recovery. However, if the price falls below this level, further declines could be expected. The market sentiment remains cautious as traders assess the potential for a rebound against the backdrop of current bearish momentum.
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