The crypto market is on edge as all eyes turn to Bitcoin. Investors are closely watching for any sign of a decisive move, and the past 24 hours have brought renewed excitement.
BTC has once again tested the key resistance level at 106,506$, but has yet to deliver a clear breakout. Without sustained movement above this point, hopes for a new ATH (All-Time High) remain on hold.
Direction In Focus: Key Levels Revealed
Analysts suggest that a confirmed breakout above 106,506$ could ignite a strong bullish momentum in the market. This price level also holds psychological importance for many traders.
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However, in case of a downward move, the support range between 102,495$ – 101,666$ will be crucial. A drop below this area could trigger increased selling pressure, potentially pushing the price down to the 98,774$ – 97,494$ band.

New Highs Or Deeper Corrections?
Now is a decisive moment for investors. A breakout could open the path to fresh record highs, while a failure to hold key supports might lead to a corrective phase. The coming days will be pivotal for Bitcoin’s next move.
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