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Bitcoin Price Analysis: Is a Short-Term Pullback Inevitable After Recent Surge?

  • Bitcoin has broken higher, surpassing key resistance zones and continuing its bullish momentum.
  • Technical analysis indicates a strong bullish structure, with support levels at $90K and $92K on the daily timeframe.
  • On the 4-hour chart, BTC has stabilized around $108K, with $115K as the immediate resistance level to watch.
  • Despite RSI showing some relief from overbought levels, short-term pullbacks are possible, but the overall trend remains positive as long as BTC holds above $108K.

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