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Bitcoin (BTC) Needs to Reclaim These Price Levels to Ignite Next Bull Run (Analyst)

  • Bitcoin (BTC) is facing key resistance levels, according to analysts.
  • The 200-day moving average (MA) at $86,200 and the 50-day MA at $88,300 are critical reversal points.
  • A breakout above these levels may shift momentum back to the bulls.
  • BitMEX's co-founder, Arthur Hayes, believes renewed liquidity injection by the US Federal Reserve could drive BTC's price higher.

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