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Image Credit: Coin Telegraph

Bitcoin price on verge of breaking 10-week downtrend — Is $90K BTC next?

  • Bitcoin's price is on the verge of breaking a 10-week downtrend and rallying in Q2, with an intraday high of $87,333.
  • Spot traders on major exchanges, particularly Coinbase, have turned bullish on BTC, driving positive action.
  • Bitcoin has flipped key resistance at $84,000 to $85,000 into support and is above important moving averages.
  • BTC might face resistance at $87,700 to $88,700, but a consolidation could fuel a retest of $90,000.

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