An analyst has identified the key support level for Bitcoin at $98,340. This figure is considered crucial for the cryptocurrency’s price stability. Support levels are important indicators in technical analysis, helping traders determine potential price movements. If Bitcoin maintains this support level, it may indicate a bullish trend, while a drop below could signal further declines. Analysts often use such levels to guide trading strategies and assess market sentiment.
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Last updated on November 8th, 2025 at 10:32 am
