Bitcoin Trades Near $107,000 in Descending Triangle Pattern
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币界网报道：Bitcoin is currently trading within a descending triangle pattern, with resistance near $107,000 and support around $100,000, signaling potential volatility ahead. Analysts suggest a breakout above $107,000 could trigger a bullish rally, while a drop below $100,000 may lead to further declines. Market sentiment remains cautious as traders monitor key technical levels amid fluctuating trading volumes. Institutional interest continues to grow, with recent inflows into Bitcoin ETFs providing underlying support. The broader crypto market is also watching macroeconomic factors, including inflation data and Fed policy, for directional cues.
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