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🔥Analyst: Bitcoin shows bullish market characteristics and may rise to $90k
According to Cointelegraph, Bitcoin surged over 5% on Tuesday, reaching a daily high of $76,120, the highest since February 6, successfully reclaiming the critical support zone of $75,000 — the intersection of the 100-day exponential moving average and simple moving average. From a technical perspective, Bitcoin had already broken above the upper trendline of the ascending triangle at $73,000 on Monday. Analyst CryptoBlockto stated, "Bitcoin breaking above $76,000 and surpassing the March high signals a bullish sign of renewed strength." He pointed out that if the daily close remains above the $75,000 moving average area, the breakout pattern will be confirmed, with the next resistance...
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