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Analyst Identifies Key Bitcoin Demand Zone For ‘Substantial Gains’ – Details

  • Analyst BorisVest identifies a demand zone for Bitcoin (BTC) that could lead to substantial gains.
  • Based on market dynamics, BTC's Active Realized Price (ARP) is around $71,000, representing almost a 20% pullback from the current price.
  • BTC's True Market Mean Price (TMMP) has a key support level at $65,000, suggesting significant demand in that range.
  • Prominent analysts point out resistance levels at the 200-day MA ($86,200) and the 50-day MA ($88,300) for potential price barriers.

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