10x Research released an analysis report pointing out that in the short term, the resistance level of $94,000-$95,000 will still limit the rise of Bitcoin. Two reversal indicators have turned bearish, with the stochastic indicator rising to 95%, implying short-term downside risks. However, analysts believe this only represents a short-term consolidation phase before breaking through $100,000.
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10x Research: Bitcoin may break through $100,000 after short-term consolidation
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