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💹 #BitcoinPriceAnalysis 💹


🚨 Market Watch: Bitcoin is once again in the spotlight as Glassnode data shows BTC retesting the $109K support level — a critical zone that could determine its next major move.
🔸 If Bitcoin manages to hold above this level, it could trigger a strong technical rebound, supported by renewed investor confidence and accumulation near key on-chain support zones.
🔸 However, a break below $109K might open the door for short-term volatility, potentially testing the next liquidity pocket around the mid-$100K region.
📊 On-chain metrics show mixed sentiment — while long-term holders continue accumulating, short-term traders are taking profits after recent highs.
💭 Question to the community:
Will BTC defend the $109K line and bounce back stronger, or are we in for a deeper correction before the next rally?
🚀 Your move, Bitcoin bulls!

#Bitcoin #BTC #CryptoMarketWatch #BTCAnalysis
BTC0.02%
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