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Bitcoin (BTC) Faces $89K Test: Will the Bull Trend Hold?
- The $89K-$90K level is critical for Bitcoin, marking previous range lows in its price movement.
- Correlations between Bitcoin and equities have intensified, especially during volatile market conditions.
- A recent bounce above the 4-hour 200MA/EMA suggests bullish potential, but BTC must hold above $89K.
- Bitcoin must stay above the critical $89K-$90K level to solidify the bull trend.
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