Bitcoin encounters resistance after staying at a high for 142 days, falling below $107,000 may trigger a pullback.

[Coin World] Bitcoin has maintained above $100,000 for 142 consecutive days but is now facing a critical test at the $107,200 support level. Analysts warn that a close below this level could trigger Bitcoin to retest $100,000, or even fall to $93,000. Currently, Bitcoin is trading at approximately $109,033, down 2.07% in the past day due to profit taking and increased capital inflow into exchanges. Although institutional investors have supported Bitcoin's resilience through investments in Spot Bitcoin ETFs, a drop below the $107,200 support level could end its six-figure rally.

BTC2.49%
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Layer2Arbitrageurvip
· 2h ago
lmao running the numbers rn... 93k support lookin juicy for arb
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MevWhisperervip
· 09-27 04:20
Just go with it, just keep hodling.
View OriginalReply0
RektButStillHerevip
· 09-26 23:09
Can handle rise and fall, my buddy has long seen it lightly.
View OriginalReply0
ZKProofstervip
· 09-26 23:08
technically speaking... weak hands never learn about support levels smh
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GasFeeTearsvip
· 09-26 23:00
It's time to Cut Loss.
View OriginalReply0
rugdoc.ethvip
· 09-26 22:54
It's time to Cut Loss again.
View OriginalReply0
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