Can the rate of Bitcoin (BTC) stay above $90,000 until the end of the week?.
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U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.On the hourly chart, the price of BTC has made a false breakout of the local support of $90,124. However, if a bounce back does not happen and the daily bar closes near that mark, one can expect a dump to the $90,000 area and below.On the bigger time frame, there are no reversal signals so far. As the rate of the main crypto is far from the key levels, one should focus on the interim zone of $90,000.From the midterm point of view, traders should focus on the candle closure in terms of the $94,172 level. If it happens far from it, the correction is likely to continue to the $85,000 mark.BTSE Unveils Stable Staking: A Major Initiative Offering Up to 500% APR
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