Key points:
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Bitcoin’s bounce from the $100,000 shows buyers are committed to the overarching bull trend.
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Select altcoins have broken below respective support levels, suggesting further weakness for mid-caps in the near term.
Bitcoin (BTC) has held above the psychological support of $100,000, but the strength of each will determine whether or not the bullish trend remains intact. BitMEX founder Arthur Hayes sounded positive in a post on X, saying that Bitcoin’s weakness shall pass, leaving…
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