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Bitcoin Prepares for $100K Hike - Action Forex

Technically, Bitcoin remains near the upper boundary of the descending range. The round level of $70K is also quite important for the young crypto market. Going higher would break two barriers at once. Short-term growth momentum could quickly take the price to the highs at $73.5K. A more distant and important target could be in the $95K-$100K area, where the lower boundary is the 161.8% level of the January-March rise and the upper boundary is an important round level. ....

Gary Gensler , Franklin Templeton , Us National Settlement Depository , Settlement Depository ,